S&P Global Ratings believes that North American natural gas prices will remain elevated in the near term and raised their price assumptions for Henry Hub and AECO for the remainder of 2022 and 2023. As the EU looks to reduce its reliance on Russian natural gas, they expect a growing proportion of U.S.-sourced liquefied natural gas (LNG) to find its way to Europe--including the additional 15 billion cubic meters (bcm) the Biden administration promised by year-end.
Gain strategic insights on S&P Global Ratings’ North American natural gas price assumptions, in light of the Russia-Ukraine conflict.