Gas prices fell in Europe, Asia and North America
Henry hub prices were 5% lower than in 2015, European and Asian gas markers were down 20-25% where prices continued to adjust to increased LNG supplies.
Natural gas prices ($/mmBtu)
Annual prices are given for benchmark natural gas hubs together with contracted pipeline and LNG imports. The benchmark hub prices incorporate US (Henry Hub), Canada (Alberta) and the UK (NBP). Contract prices are represented by LNG imports into Japan and Average German Import Prices.
The prices for LNG and European border are calculated as cif prices, where cif = cost + insurance + freight (average freight prices) in US dollars per million British thermal units (Btu).