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The TTF, LNG Price Divide: A Conversation With Spark Commodities CEO Tim Mendelssohn

NGI’s Hub & Flow

CHAPTER

Can You Comment on the Natural Gas Price Cap?

I mean, what's your take on this natural gas price cap that's being discussed right now? I mean, that kind of seems like a bad idea at first blush. But from a spot perspective, we've had four records broken in the last seven days. Just to give you some numbers, we're touching nearly 400,000 a day. That's four times higher than it was just over a month ago. The cargo opportunities are so great at the moment given the price differentials between hubs that it makes it very difficult to actively sub charter.

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