US Henry Hub benchmark to drive European, east Asian natural gas prices: report

Henry Hub natural gas futures, which set the benchmark price for natural gas in the US, may soon play the same role in Europe, Japan and South Korea thanks to growing exports of liquefied natural gas (LNG) from North America and a more tightly integrated global gas market, analysts from Citi say in a new research report.
The driving factor behind this transformation is the shale gas boom in North America, which has severely depressed US gas prices. As US shale production has ramped up, the price
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