Brent remains on top for LNG term contracts
What is TTF – the Dutch Natural Gas hub. As such it’s a regional Natural Gas price marker. It reflects the state of the Natural Gas market in North-Western Europe. It does not reflect any other market’s reality which is why there is a greatly volatile differential with TTF and almost anything else. Brent is an international marker that reflects global oil price trends. If you want to sell LNG into North-Western Europe only, take TTF. Otherwise, something more global is appropriate. None of them will always be perfect but Brent will give you fewer headaches.