Henry Hub pricing and Brent slump create LNG buyer’s market
The new pricing system in global liquefied natural gas (LNG) markets was intended to offer a lower-cost alternative to oil-linked sales contracts. As oil prices have slumped and a global LNG supply glut persists, it has become a buyers’ market
When Cheniere Energy’s first shipment of LNG finally leaves its Sabine Pass gasification plant in Louisiana in late February or March, it will mark a new era of LNG exports from the US lower 48. The internationalisation of Henry Hub pricing is on its way – and it’s already influencing global prices. After the slump in Brent oil prices, though, it is no longer the only factor set to drive LNG prices lower. The Department of Energy’s approval of US LNG export projects – made viable by surging domestic gas production over the past decade - has been a lengthy process and was expected to provide a cheaper alternative to oil-linked sales contracts, especially for LNG-hungry Asia. The long-awaited
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Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
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Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
