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TTF Gas rose to 32.35 EUR/MWh on September 1, 2025, up 2.31% from the previous day. Over the past month, TTF Gas's price has fallen 5.64%, and is down 16.08% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on September of 2025.
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This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in July 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2024, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.
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Graph and download economic data for Global price of Natural gas, EU (PNGASEUUSDQ) from Q1 1990 to Q2 2025 about EU, gas, Europe, World, and price.
Stockholm is the most expensive European capital city for residential gas consumers. In January 2025, the average end-user gas price for households amounted to ***** euro cents per kilowatt-hour. Sweden only uses limited amounts of natural gas, making acquiring the commodity more expensive than elsewhere. On the other end of the spectrum, Kyiv recorded the lowest price in the region, with residents in the Ukrainian city paying an average **** euro cents per kilowatt-hour.
In 2024, the natural gas price for industries in the European Union with an annual consumption of less than 100 thousand gigajoules stood at an average **** euro cents per kilowatt-hour. Prices for an annual consumption of 100,000 to one million gigajoules were typically cheaper, with Lithuania recording the lowest price among European countries, at **** euro cents per kilowatt-hour.
Historical and current fuel prices for Euro 95 and diesel across EU countries.
In 2024, the price of natural gas in Europe reached 11 constant U.S. dollars per million British thermal units, compared with 2.2 U.S. dollars in the U.S. This was a notable decrease compared to the previous year, which had seen a steep increase in prices due to an energy supply shortage exacerbated by the Russia-Ukraine war. Since 1980, natural gas prices have typically been higher in Europe than in the United States and are expected to remain so for the coming two years. This is due to the U.S. being a significantly larger natural gas producer than Europe. What is natural gas and why is it gaining ground in the energy market? Natural gas is commonly burned in power plants with combustion turbines that generate electricity or used as a heating fuel. Given the fact that the world’s energy demand continues to grow, natural gas was seen by some industry leaders as an acceptable "bridge-fuel" to overcome the use of more emission-intensive energy sources such as coal. Subsequently, natural gas has become the main fuel for electricity generation in the U.S., while the global gas power generation share has reached over 22 percent. How domestic production shapes U.S. natural gas prices The combination of hydraulic fracturing (“fracking”) and horizontal drilling can be regarded as one of the oil and gas industry’s biggest breakthroughs in decades, with the U.S. being the largest beneficiary. This technology has helped the industry release unprecedented quantities of gas from deposits, mainly shale and tar sands that were previously thought either inaccessible or uneconomic. It is forecast that U.S. shale gas production could reach 36 trillion cubic feet in 2050, up from 1.77 trillion cubic feet in 2000.
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Graph and download economic data for Global price of Natural gas, EU (PNGASEUUSDA) from 1990 to 2024 about EU, gas, World, Europe, and price.
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European Union Natural Gas Price: NH: 4000000 GJ & Above: excl Taxes & Levies: EU excl UK data was reported at 10.722 EUR/GJ in Dec 2024. This records an increase from the previous number of 9.575 EUR/GJ for Jun 2024. European Union Natural Gas Price: NH: 4000000 GJ & Above: excl Taxes & Levies: EU excl UK data is updated semiannually, averaging 7.074 EUR/GJ from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 27.353 EUR/GJ in Dec 2022 and a record low of 3.805 EUR/GJ in Dec 2020. European Union Natural Gas Price: NH: 4000000 GJ & Above: excl Taxes & Levies: EU excl UK data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.P004: Eurostat: Natural Gas Price: Non-Household Consumers.
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Graph and download economic data for Harmonized Index of Consumer Prices: Gas for European Union (CP0452EUCCM086NEST) from Jan 1996 to Jul 2025 about EU, harmonized, gas, Europe, CPI, price index, indexes, and price.
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European Union Natural Gas Price: HC: Between 20 & 199 GJ: incl All Taxes & Levies: EU excl UK data was reported at 0.123 EUR/kWh in Dec 2024. This records an increase from the previous number of 0.110 EUR/kWh for Jun 2024. European Union Natural Gas Price: HC: Between 20 & 199 GJ: incl All Taxes & Levies: EU excl UK data is updated semiannually, averaging 0.068 EUR/kWh from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 0.123 EUR/kWh in Dec 2024 and a record low of 0.056 EUR/kWh in Dec 2009. European Union Natural Gas Price: HC: Between 20 & 199 GJ: incl All Taxes & Levies: EU excl UK data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.P003: Eurostat: Natural Gas Price: Household Consumers.
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European gas prices stay above EUR35/MWh due to stalled Russia-Ukraine peace talks, cold weather forecasts, and LNG supply shifts. Discover the market dynamics and future outlook.
On August 8, 2025, the EU LNG benchmark stood at negative **** euros per megawatt hour. The widest gap to the Dutch TTF prices was reported in October 2023 and January 2025. The European Union launched a daily LNG benchmark on March 31, 2023 to increase transparency regarding fuel prices. It is set relative to the Dutch TTF gas hub price.
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Natural gas prices (Europe) in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 4.85 USD per million British thermal units with a minimum of 0.38 USD per million British thermal units in January 1964 and a maximum of 70.04 USD per million British thermal units in August 2022. | TheGlobalEconomy.com
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European Union Natural Gas Price: NH: Total GJ: excl Taxes & Levies: EA data was reported at 0.051 EUR/kWh in Dec 2024. This records an increase from the previous number of 0.050 EUR/kWh for Jun 2024. European Union Natural Gas Price: NH: Total GJ: excl Taxes & Levies: EA data is updated semiannually, averaging 0.060 EUR/kWh from Dec 2022 (Median) to Dec 2024, with 5 observations. The data reached an all-time high of 0.081 EUR/kWh in Dec 2022 and a record low of 0.050 EUR/kWh in Jun 2024. European Union Natural Gas Price: NH: Total GJ: excl Taxes & Levies: EA data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.P004: Eurostat: Natural Gas Price: Non-Household Consumers.
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UK Gas fell to 77.90 GBp/thm on August 29, 2025, down 0.07% from the previous day. Over the past month, UK Gas's price has fallen 9.77%, and is down 18.57% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on August of 2025.
In 2024, Sweden was the European Union member with the highest household natural gas price for an annual consumption greater than 200 gigajoules, at nearly ** euro cents per kilowatt-hour. The second-highest household gas price was recorded in the Netherlands, at **** euro cents per kilowatt-hour. At the opposite end of the ranking, Hungary exhibited the lowest price for this consumption range, at *** euro cents per kilowatt-hour.
Dutch TTF gas futures amounted to ***** euros per megawatt hour on August 25, 2025 for contracts with delivery in September 2025. Figures increased compared to the previous week. Dutch TTF is seen as a Europe-wide natural gas price benchmark. Europe more reliant on imports The Groningen gas field is the largest gas field in Europe and the major natural gas source in the Netherlands. In 2014, the first earthquake related to drilling the field occurred, and other seismic activities were also observed. Therefore, the Groningen field has drastically reduced its production output. Since then, natural gas production in the Netherlands has been in a trend of continuous decline. To balance the diminished domestic production, the European market relies on liquefied natural gas imports and pipeline inflow. LNG pricing across European regions The European gas market exhibits regional variations, as evidenced by LNG prices in different parts of the continent. The Southwest Europe LNG price is generally slightly higher than LNG prices in Northwest Europe. The latter reached around **** U.S. dollars per million British thermal units in late August 2025.
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EU Natural Gas Prices - Historical chart and current data through 2025.
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TTF Gas rose to 32.35 EUR/MWh on September 1, 2025, up 2.31% from the previous day. Over the past month, TTF Gas's price has fallen 5.64%, and is down 16.08% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on September of 2025.