ICE Launches New JKM LNG (Platts) Options, LNG Balmo Freight Futures and U.K. Electricity Options in an Expansion of Global Natural Gas and Power Markets

Gordon Bennett, Managing Director, Utility Markets at ICE

“ICE JKM options, together with the new LNG freight and U.K. base electricity contracts, provide additional ways to manage price risk associated with the production, transportation and consumption of natural gas and power, from short-term cargo hedging to longer-term portfolio management.”

Gordon Bennett, Managing Director, Utility Markets at ICE

“As LNG cargoes move between the Atlantic and Pacific basins, ocean tankers act as a virtual pipeline connecting JKM and TTF pricing, and LNG freight contracts let customers manage the cost of transporting those molecules more precisely.”

Gordon Bennett, Managing Director, Utility Markets at ICE

“Because ICE lists benchmark contracts for natural gas, power and LNG freight in one place, customers can hedge their full position across a range of contract types, at whichever point on the curve and in whatever form fits their exposure.”

Gordon Bennett, Managing Director, Utility Markets at ICE

“That’s why we’re seeing more demand to trade gas and power together on a single, globally connected platform.”