As Europe’s benchmark natural gas prices have hit a one-year high, their premium over with the U.S. benchmark gas price has widened well above 2024 averages, signaling that U.S. LNG exporters will likely further boost deliveries to Europe to take advantage of the widening spread. Currently, the price of the U.S. benchmark, Henry Hub, is about 80% lower compared to the Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, according to data cited by Reuters columnist Gavin Maguire. The wide premium of European prices…
