# Biogas and biomethane and LNG chain

Their prices have moved together.

Source page: https://www.materialinsights.org/links/biogas-and-biomethane-and-lng-chain/

[Biogas and biomethane](https://www.materialinsights.org/energy/biomethane/) (chemical) and [LNG chain](https://www.materialinsights.org/energy/e_lng/) (energy): 1 relationship.

## How they are linked

### 1. Price link: feedgas cost

*Cost and price · Moderate · Both ways*

The biomethane proxy is the US Henry Hub price, which sets the feedgas cost of US LNG exports. Henry Hub linked cargoes are a small part of Japan's imports, so monthly moves barely relate, at 0.14, and yearly moves correlate only moderately, at 0.52.

- **0.14** monthly change correlation
- **0.52** 12-month change correlation
- **0.03** fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.