TTF Gas decreased 8.92 EUR/MWh or 17.69% since the beginning of 2025, 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 March of 2025.

Dutch TTF gas futures amounted to 42.75 euros per megawatt hour on March 24, 2025 for contracts with delivery in April 2025. Figures rose slightly compared to the previous weeks and were roughly 15 euros higher than in the same month the year prior. 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 13 U.S. dollars per million British thermal units in late March 2025.

Graph and download economic data for Global price of Natural gas, EU (PNGASEUUSDM) from Jan 1990 to Feb 2025 about EU, gas, World, Europe, and price.

The average monthly price for natural gas in the United States amounted to 3.02 nominal U.S. dollars per million British thermal units (Btu) in December 2024. By contrast, natural gas prices in Europe were about four times higher than those in the U.S. Prices for 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 70 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 60 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 2023, the U.S. produced more than one trillion cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

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.

In 2023, the price of natural gas in Europe reached 13.1 constant U.S. dollars per million British thermal units, compared with 2.5 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 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 35 trillion cubic feet in 2050, up from 1.77 trillion cubic feet in 2000.

Graph and download economic data for Harmonized Index of Consumer Prices: Gas for European Union (27 Countries from 2020) (CP0452EU272020M086NEST) from Dec 2000 to Feb 2025 about EU, harmonized, gas, Europe, CPI, price index, indexes, and price.

UK Gas decreased 26.27 GBp/Thm or 20.95% since the beginning of 2025, 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 March of 2025.

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Each assessment includes Natural Gas price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Natural Gas price assessments for Germany and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

The global natural gas price index stood at 232.28 index points in February 2025. Natural gas prices increased by seven index points that month. The global price index takes into account indices from Europe, Japan, and the United States – some of the largest natural gas trading markets. The U.S. is the leading natural gas exporter in the world. Means of trading natural gas Liquefied natural gas (LNG) is the most common form of trading natural gas. Although piped gas is often the preferred choice for transportation between neighboring producing and consuming countries, seaborne trade as LNG has grown in market volume. This is in part thanks to high consumption in pipeline-inaccessible areas such Japan, Korea, and China, as well as the recent increase in LNG trade by European countries. Major natural gas price benchmarks The natural gas prices often used as global benchmarks are Europe’s Dutch TTF traded on the Intercontinental Exchange, Indonesian LNG in Japan, and the U.S. Henry Hub traded on the New York Mercantile Exchange. 2022 was an especially volatile year for natural gas prices, as supply was severely constrained following sanctions on Russian imports. Other reasons for recent spikes in gas prices are related to issues at refineries, changes in demand, and problems along seaborne supply routes.

In June 2023, Denmark had the highest gasoline prices out of all European Union (EU) member countries, at an average price of 1.93 euros per liter. During the same month, Bulgaria had the lowest gasoline price of any EU country, at 1.29 euros per liter.

Graph and download economic data for Global price of Natural gas, EU (PNGASEUUSDA) from 1990 to 2024 about EU, gas, World, Europe, and price.

Natural gas increased 0.21 USD/MMBtu or 5.84% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on March of 2025.

European Union Natural Gas Price: HC: 200 GJ & Above: incl All Taxes & Levies: EU excl UK data was reported at 0.100 EUR/kWh in Jun 2024. This records an increase from the previous number of 0.100 EUR/kWh for Dec 2023. European Union Natural Gas Price: HC: 200 GJ & Above: incl All Taxes & Levies: EU excl UK data is updated semiannually, averaging 0.062 EUR/kWh from Jun 2007 (Median) to Jun 2024, with 35 observations. The data reached an all-time high of 0.113 EUR/kWh in Dec 2022 and a record low of 0.052 EUR/kWh in Dec 2007. European Union Natural Gas Price: HC: 200 GJ & Above: 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.

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 33.27 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 1.77 euro cents per kilowatt-hour.

In the fourth quarter of 2023, the price of neon gas in Germany reached 827 USD/MT by December. This report delves into the spot price of neon gas at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed neon gas price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

European Union Natural Gas Price: NH: Between 10000 & 99999 GJ: excl Taxes & Levies: EA data was reported at 14.399 EUR/GJ in Jun 2024. This records a decrease from the previous number of 17.189 EUR/GJ for Dec 2023. European Union Natural Gas Price: NH: Between 10000 & 99999 GJ: excl Taxes & Levies: EA data is updated semiannually, averaging 8.993 EUR/GJ from Jun 2007 (Median) to Jun 2024, with 35 observations. The data reached an all-time high of 20.156 EUR/GJ in Jun 2023 and a record low of 6.561 EUR/GJ in Jun 2021. European Union Natural Gas Price: NH: Between 10000 & 99999 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.

European Union Natural Gas Price: HC: Less Than 20 GJ: incl All Taxes & Levies: EU excl UK data was reported at 39.630 EUR/GJ in Jun 2024. This records a decrease from the previous number of 41.021 EUR/GJ for Dec 2023. European Union Natural Gas Price: HC: Less Than 20 GJ: incl All Taxes & Levies: EU excl UK data is updated semiannually, averaging 27.972 EUR/GJ from Jun 2007 (Median) to Jun 2024, with 35 observations. The data reached an all-time high of 41.865 EUR/GJ in Dec 2022 and a record low of 22.101 EUR/GJ in Jun 2007. European Union Natural Gas Price: HC: Less Than 20 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.

During the last quarter of 2024, the natural gas prices in the USA reached 2742 USD/MT in December. Strong demand and geopolitical factors contributed to the steady rise in natural gas prices. Alongside inflation in LNG shipments to Europe and Mexico, the market was under pressure due to the increased need for heating caused by colder weather.

Explore IMARC's latest publication, “Natural Gas Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the natural gas market, providing insights into both global and regional trends that are shaping prices.

Graph and download economic data for Harmonized Index of Consumer Prices: Gas for Poland (CP0452PLM086NEST) from Jan 1996 to Feb 2025 about Poland, harmonized, gas, CPI, price index, indexes, and price.