Natural Gas Price | Singapore — Q1 2023
Check how the Natural Gas price evolved in Singapore, from Q1 2022 to Q1 2023.
The Natural Gas price in Singapore decreased during Q1 2023 to 9.8 USD per MMBtu, which represents a decline of 5% compared to the previous quarter’s value. On a year-over-year basis, Natural Gas prices in Singapore decreased by 7%.
The chart below shows quarterly Natural Gas prices, in USD per MMBtu in Singapore and other selected countries in Southeast Asia & Oceania.
For further information on the pricing of Natural Gas, including:
- Current prices, on a quarterly basis
- Historical pricing data since 2007
- Short-term Price Forecasts
Check below:
▶ https://www.intratec.us/products/energy-price-references/commodity/natural-gas-price-forecast
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A Little Bit About Natural Gas
Natural Gas comprises a mixture of gaseous hydrocarbons, primarily methane, ethane, propane and butane, having non-hydrocarbon impurities, mainly nitrogen, carbon dioxide, and hydrogen sulfide. It is considered the world’s third most important energy source, after oil and coal.
The transportation of Natural Gas from producing regions to consumption regions consists of pipeline networks, that may stretch throughout many countries and areas, supplying industrial and domestic needs. For short distances, liquefied Natural Gas (LNG) can be transported in carrier ships or tank trucks.
Natural Gas is employed mainly as heating fuel for industrial and domestic uses, and as a building block in the synthesis of a number of basic chemical products. This commodity can be used in the manufacture of derivatives, such as: ammonia; acetic acid; acetylene; carbon black; carbon disulfide; copper; ethane; formaldehyde; hydrogen cyanide; methanol; methyl chloride; propylene; hydrogen.
About Intratec Solutions LLC
Intratec is a leading B2B provider of commodity strategic data and analyses. We are an online business whose mission is to provide reliable information about commodities, empowering companies to make accurate, high value-added decisions.
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