Natural gas rose to 3.36 USD/MMBtu on July 11, 2025, up 0.58% from the previous day. Over the past month, Natural gas's price has fallen 3.89%, but it is still 44.10% higher than a year ago, 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 July of 2025.

Graph and download economic data for Global price of LNG, Asia (PNGASJPUSDM) from Jan 1992 to May 2025 about Asia, World, and price.

Dutch TTF gas futures amounted to ***** euros per megawatt hour on July 7, 2025 for contracts with delivery in August 2025. Figures increased compared to the previous week as Europe's stockpiles were rising. 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 early July 2025.

TTF Gas rose to 35.58 EUR/MWh on July 11, 2025, up 1.18% from the previous day. Over the past month, TTF Gas's price has fallen 2.22%, but it is still 12.72% higher than a year ago, 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 July of 2025.

UK Gas rose to 85.31 GBp/thm on July 11, 2025, up 1.32% from the previous day. Over the past month, UK Gas's price has fallen 0.15%, but it is still 17.29% higher than a year ago, 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 July of 2025.

The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in May 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 2023, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

The National Balancing Point (NBP), the UK's natural gas benchmark, amounted to 95.46 British pence per therm on June 23, 2025, for contracts with delivery in July. Prices are generally higher in the winter months due to greater gas heating demand, especially in weeks of colder weather. The UK NBP, along with the Dutch TTF, serve as benchmarks for natural gas prices in Europe. Impact on consumer prices and household expenditure post-2022 Fluctuations in wholesale natural gas prices often have immediate impacts on UK consumers. In 2023, the consumer price index for gas in the UK rose to 195 index points, using 2015 as the base year. This increase has translated into higher household expenditure on gas, which reached approximately 24.89 billion British pounds in 2023. This figure represents a 23 percent increase from the previous year and a staggering 91 percent rise compared to two years earlier, highlighting the growing financial burden on UK households. Consumption patterns and supply challenges The residential and commercial sector remain the largest consumers of natural gas in the UK, using an estimated 40.7 billion cubic meters in 2023. This was followed by the power sector, which consumed about 15 billion cubic meters. The UK's reliance on gas imports has grown due to declining domestic production. This shift has led to an increased dependence on liquefied natural gas imports and pipeline inflows to meet demand.

The global LNG Tank Container Leasing market is experiencing robust growth, driven by the increasing demand for liquefied natural gas (LNG) as a cleaner energy source and the expansion of LNG bunkering infrastructure. The market size in 2025 is estimated at $500 million, reflecting a significant increase from previous years. While precise historical data is unavailable, a conservative estimate suggests a Compound Annual Growth Rate (CAGR) of 15% from 2019 to 2025. This growth is fueled by several key factors, including stricter environmental regulations promoting LNG adoption in shipping and transportation, the growing need for efficient LNG storage and transportation solutions, and increasing investments in LNG infrastructure development across various regions. The market is further segmented by container size, leasing type (short-term, long-term), and geographical regions, with key players such as Triton International, Florens, and Textainer dominating the landscape through their extensive fleets and global reach. Looking forward, the market is projected to maintain a healthy CAGR of 12% from 2025 to 2033, driven by sustained demand from emerging economies and ongoing technological advancements in LNG container technology. However, challenges remain, including fluctuating LNG prices, potential disruptions to global supply chains, and the need for continuous investment in specialized infrastructure to support the expanding LNG container leasing market. Furthermore, the competitive landscape is expected to remain intense, with existing players focused on expanding their fleet capacity and optimizing operational efficiency, while new entrants may emerge seeking to capitalize on the market's growth trajectory. Therefore, a strategic focus on innovation, efficient operations, and targeted geographical expansion will be crucial for success in this dynamic market.

Marine LNG Fuel Tank Market Outlook

The global marine LNG fuel tank market size is projected to see a significant rise from USD 0.9 billion in 2023 to an impressive USD 2.3 billion by 2032, reflecting a robust CAGR of 11.2% during the forecast period. This remarkable growth is largely propelled by stringent environmental regulations and the global maritime industry's shift towards cleaner fuel alternatives.

One of the major growth factors for the marine LNG fuel tank market is the increasing adoption of LNG as a marine fuel due to its lower sulfur emissions compared to traditional marine fuels. The International Maritime Organization's (IMO) 2020 sulfur cap regulation, which mandates a significant reduction in sulfur oxide emissions from ships, has been a critical driving force. LNG, being a more environmentally friendly option, has led to an augmented demand for LNG fuel tanks in marine vessels.

Another crucial factor contributing to the market growth is the economic advantage of LNG. In comparison to conventional marine fuels, LNG often presents a cost-effective alternative, especially considering the fluctuating oil prices. The consistent supply and relatively stable pricing of LNG have made it a preferable choice for many shipping companies looking to optimize operating costs while adhering to environmental standards.

Technological advancements in LNG storage and transportation are also propelling the market forward. Innovations such as improved insulation technologies and more efficient tank designs have significantly enhanced the safety and efficiency of LNG fuel tanks, making them more viable for widespread adoption. The continuous R&D investments by key market players are expected to yield even more advanced solutions, further accelerating market growth.

Regionally, Asia Pacific is expected to lead the market due to the heavy concentration of shipbuilding activities, particularly in countries like China, South Korea, and Japan. The region's growing maritime trade, along with supportive government policies encouraging the use of cleaner fuels, bolsters this growth. North America and Europe also represent significant market shares due to their early adoption of LNG technology and stringent environmental regulations.

Product Type Analysis

The marine LNG fuel tank market is segmented by product type into Type C tanks, membrane tanks, and others. Type C tanks, known for their robust structure and flexibility in storage, are projected to dominate the market. These tanks are designed to withstand high pressure and are commonly used in smaller vessels and ferries. Their ability to maintain LNG in a liquid state under varying operating conditions makes them highly preferable for marine applications. The continuous innovation in manufacturing Type C tanks, ensuring enhanced safety and efficiency, further fuels their demand.

Membrane tanks, typically used in larger vessels, are another significant segment within the market. These tanks are designed to optimize space and ensure maximum storage capacity. The complex yet efficient design of membrane tanks allows them to store large quantities of LNG, making them ideal for large commercial vessels. The operational efficiency and the ability to transport significant volumes of LNG contribute to the growing popularity of membrane tanks in the marine industry.

Other types of LNG fuel tanks, which include prismatic tanks and cylindrical tanks, also hold a considerable market share. These tanks cater to specific vessel requirements and offer varying advantages such as cost-effectiveness and ease of maintenance. The diversification in LNG tank types ensures that different marine vessel needs are adequately met, supporting the overall market growth.

The market dynamics for each tank type are influenced by factors such as vessel size, route, and specific fuel requirements. As ship operators continue to seek optimal solutions for LNG storage, the demand for well-engineered and reliable tanks across different types is expected to remain strong. The continuous advancements in tank design and material technology are likely to further enhance the market prospects for all product types.

In conclusion, the segmentation by product type underscores the diverse needs of the marine industry in transitioning towards LNG fuel. The ongoing developments and innovations in each tank type are poised to meet the evolving demands of the market, contributing to sustainable growth.

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Oil and gas producers have experienced significant revenue volatility. Changes in oil and gas prices, exchange rate movements, annual production volumes, and domestic and export demand for oil and gas all influence the industry’s performance. Output has expanded over the past decade, while world oil and natural gas prices have displayed significant volatility. Australia's natural gas production, which comprises most of the industry, has soared over the past decade as new gas fields have been developed to feed Australia's liquefied natural gas (LNG) facilities. Global trade in LNG has expanded, with growing demand for LNG in Asian markets and weakness in the Australian dollar benefiting Australian producers. The industry has invested in several major gas export projects over the past decade, which have increased Australia's LNG production capacity to 88.0 million tonnes per annum. Industry revenue is expected to have inched upwards at an annualised 0.5% over the five years through 2024-25, to $100.3 billion. Rising oil and gas prices in the fallout of the Russia-Ukraine conflict sent revenue skyrocketing and expanded the industry’s profitability over the two years through 2022-23. However, industry revenue is expected to fall for the second consecutive year in 2024-25, dropping 5.0%, as prices for oil and liquified petroleum gas continue to recede and volumes drop. Recent high prices have caused some projects to be restarted and new projects to be green-lit. However, the major oil and gas producers have taken the opportunity to futureproof their portfolios, divesting low-quality assets in the face of rising public concern over environmental issues. Merger and acquisition activity in global oil and gas markets is set to intensify as producers look to consolidate their position and strengthen their balance sheets. Government intervention in domestic gas markets has also created regulatory uncertainty, which is likely to constrain investment in Australia's oil and gas sector going forwards. Ongoing price declines and falling oil and gas production will drive a forecast annualised 5.9% drop in industry revenue over the five years through 2029-30, to $73.8 billion.

Brent rose to 70.69 USD/Bbl on July 11, 2025, up 2.99% from the previous day. Over the past month, Brent's price has risen 1.92%, but it is still 16.86% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on July of 2025.

The average gas price in Great Britain in May 2025 was 82.59 British pence per therm. This was seven pence higher than the same month the year prior and follows a trend of increasing gas prices. Energy prices in the UK Energy prices in the UK have been exceptionally volatile throughout the 2020s. Multiple factors, such as a lack of gas storage availability and the large share of gas in heating, have exacerbated the supply issue in the UK that followed the Russia-Ukraine war. This has also led to many smaller suppliers announcing bankruptcy, while an upped price cap threatened the energy security of numerous households. The United Kingdom has some of the highest household electricity prices worldwide. How is gas used in the UK? According to a 2023 survey conducted by the UK Department for Energy Security and Net Zero, 58 percent of respondents used gas as a heating method during the winter months. On average, household expenditure on energy from gas in the UK stood at some 24.9 billion British pounds in 2023, double the amount spent just two years prior.

Oil and gas producers have experienced high volatility in recent years. The pandemic halted the economy and ripped away steady growth as restrictions limited the need for oil and gas. The conflict in Ukraine added to the uncertainty, as the reliance on Russian oil and gas was distributed between domestic producers and other sources. As the economy recovered, the need for oil and gas shot up quicker than supply could match, causing prices to surge and generating substantial returns. Nonetheless, this growth was short-lived as prices fell in 2023 and 2024, causing revenue to dip, despite massive upticks in production. Overall, revenue has swelled at a CAGR of 10.7% over the five years, reaching $509.4 billion in 2025, including a 3.9% uptick in 2025 alone. Exports of crude oil and natural gas from the United States had long been banned with few exceptions, but legislation passed in 2016 overturned this rule and dramatically changed the industry. Exports pushed up dramatically as producers sought to capitalize on opportunities abroad. They have continued to climb in recent years, becoming essential to producers' success. Sanctions placed on Russian energy have bolstered export growth, with the Netherlands becoming the largest US energy export market late over the current period. Innovation in drilling technology will drive the performance of producers forward, but environmental concerns and increasing pressure to convert to renewables will limit success. Fossil fuel prices will weaken steadily but remain high, providing solid profit for producers. The trade-weighted index falling over the outlook period will benefit exports and reduce import penetration. European countries continuing to reduce their reliance on Russian energy may provide US producers with new opportunities. Nonetheless, imports and exports to and from Mexico and Canada may be impacted if reflationary energy tariffs are instated. Overall, revenue is set to dip at a CAGR of 2.3% to $452.5 billion through the end of 2030.