In the 1990s, the U.S. spot price of natural gas at the Henry Hub averaged about $ per million Btu. However, in recent years, the United States has seen a marked increase in the price of natural gas.
Banks agreed on ambitious but achievable targets, which were submitted at the end of September 2016, with a 3-year time horizon. According to these targets, banks will aim at reducing their NPLs by 49% by the end of 2019. The reduction is mainly driven by curing of loans and write-offs and to a lesser extent by liquidations, collections and sales of loans.