UK NBP, European gas and LNG forecasts on request

Nena has developed an in-house deterministic price forecasting model for the UK/Conti gas market. Currently, periodically gas price scenario forecasts are performed for in-house use in conjunction with Conti/Nordic power market analyses to uncover the potential outcomes. With LNG imports evolving as marginal supply to UK/Conti, a thorough understanding of the global LNG play is decisive.

The cross-commodity relationships between different fuels such as natural gas, coal and oil products are uncovered through comprehensive and detailed gas and power market analysis on country vise or regional levels. Nena is closely monitoring the rapid development of the worldwide LNG play and has developed a comprehensive global spot LNG forecasting model to fully expose the price-elasticity of LNG imports to Europe and globally.

The global spot LNG analysis comprises detailed modelling of gas and power markets in all major LNG importing countries as well as a thorough understanding of the price-elasticity of potential exports from the US gas market. Initial results derived late 2013 exposed an extensive near-term down-side potential in the global spot LNG market. Adding plunging oil prices, Fare East Asian spot LNG prices was set to drop in excess of 60% to withhold and extend market share to competing fuels.