🐈 Indonesia Natural Gas Price Mmbtu

As per this formula, the price of gas from Saturday until the end of April is $7.92 per mmBtu, according to the ministry's notification. But the new guideline applies a floor of $4 and a ceiling of $6.5 per mmBtu on the gas price. Therefore, the effective price will be $6.5 per mmBtu, the ministry said. The sharp fall in price will help city Asia liquefied natural gas (LNG) spot prices surged by 40% to a record high of over $56 per million British thermal units (mmBtu) on Wednesday, amid a global energy crunch, low gas inventories and In the same week last year (week ending May 11, 2022), the prices were $23.54/MMBtu in East Asia and $30.59/MMBtu at TTF. Natural gas plant liquids (NGPL) prices: The natural gas plant liquids composite price at Mont Belvieu, Texas, fell by 25 cents/MMBtu, averaging $6.24/MMBtu for the week ending May 10. Weekly average ethane prices fell 3% Natural gas spot prices fell at most locations this report week (Wednesday, January 15 to Wednesday, January 22). The Henry Hub spot price fell from $1.98 per million British thermal units (MMBtu) last Wednesday to $1.89/MMBtu yesterday. Tuesday's contract price of $1.895/MMBtu was the lowest price for a February contract since 1999. The Natural gas futures for delivery at the Title Transfer Facility (TTF) in the Netherlands increased $1.42 to a weekly average of $10.35/MMBtu. In the same week last year (week ending August 10, 2022), the prices were $44.61/MMBtu in East Asia and $59.16/MMBtu at TTF. The South Louisiana regional average price increased $12.34/MMBtu, from $3.62/MMBtu last Wednesday to $15.96/MMBtu yesterday, the highest price on record. California prices are mixed, reflecting differing sources of supply. The price at SoCal Citygate in Southern California, which sources much of its natural gas from western Texas, increased In the same week last year (week ending March 30, 2022), the prices were $34.22/MMBtu in East Asia and $35.16/MMBtu at TTF. Natural gas plant liquids (NGPL) prices: The natural gas plant liquids composite price at Mont Belvieu, Texas, rose by 23 cents/MMBtu, averaging $7.28/MMBtu for the week ending March 29. Ethane prices fell 6%, following This pricing policy to $6 per MMBTU to the 7 industrial sectors is aligned with the policy set by the Indonesian President Joko Widodo, said Suko Hartono, the President Director of PGN. Natural gas on it self have a large portion on the cost structure of production in these industries. The result was a drop in the spot LNG price for delivery to North Asia , which slipped to $18.50 per million British thermal units (mmBtu) in the week to Feb. 3, the lowest since September 2021 .

indonesia natural gas price mmbtu