# Tighter slot availability, strong liquefaction utilization bolster NWE LNG-TTF basis spread | S&P Global

> The LNG-TTF basis spread in Northwest Europe widened about 81% month over month as buyers competed for slots and North American liquefaction pumped out spot cargoes. Platts assessed the DES NWE marker at $12.78/MMBtu, 93 cents below the March Dutch TTF hub. An LNG trader said the spread could widen further as more spot volumes reach Europe.

- Date: 2026-02-02 · published 2026-02-02T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/20801-tighter-slot-availability-strong-liquefaction-utilization-bolster-nwe-lng-ttf
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Wider LNG-TTF spreads signal tight European slot availability and high delivered gas costs, which can keep European energy and fertilizer input costs elevated. The effect on feed commodity prices is indirect.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/lng/020226-tighter-slot-availability-strong-liquefaction-utilization-bolster-nwe-lng-ttf-basis-spread

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.