Oxford Energy Podcast – European Traded Gas Hubs: the supremacy of TTF
In this OIES podcast David Ledesma interviews Patrick Heather about his analysis of European traded gas hubs in 2019, according to his five Key Elements and also introduces a global churn comparison between Henry Hub, TTF, NBP and JKM. The podcast highlights how TTF has seen phenomenal growth in the last three years, in every metric, and that TTF is the European hub that has the greatest number of market participants, trades the widest range of products over the entire curve and has by far the highest churn rate. At a global level, TTF and NBP are important benchmarks in their own market areas but they are also benchmark hubs for their regions and for the pricing of LNG cargoes.
