2026 JKM Spot Price Trajectory (USD / MMBtu)
Jan 1 Base ($9.60)
JKM Spot ($26.70)
Shock Projection
Model tracks Japan-Korea Marker (JKM) deliveries into Tokyo Bay / Incheon. Standard LNG cargo is 3.4M MMBtu (~145,000 m³). Baseline aggregate utility import model calibrated against 115.0 Bcm annual consumption.
Trajectory Data & Milestone Points
1 Bcm Natural Gas ≈ 35.3M MMBtu
| Date | Milestone Stage | JKM Spot ($/MMBtu) | Delta vs Jan 1 | Cumulative % Surge | Avg Cargo Val ($M) |
|---|