The current classification of regional LNG pricing data is defined from the following oil and gas benchmarks (Deloitte):
- The majority of Europe uses fuel oil, Brent, or National Balancing Point (NBP) benchmarks;
- Asia pacific employs the Japanese Crude Cocktail (JCC) benchmark; and
- North America utilises the Henry Hub as their benchmark.
Pricing data is published from price reporting agencies (PRAs), such as Platts, OPIS, and Argus; and exchanges, such as CME, ICE, NYMEX, and NGX.
ZEMA graph comparing prices at global trading benchmarks for Henry Hub, Brent, and NBP | Data Source: NYMEX