TTF Gas fell to 32.07 EUR/MWh on September 22, 2025, down 0.73% from the previous day. Over the past month, TTF Gas's price has fallen 5.59%, and is down 11.40% 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.

View monthly updates and historical trends for European Union Natural Gas Import Price. Source: World Bank. Track economic data with YCharts analytics.

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.

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

Dutch TTF gas futures amounted to ******euros per megawatt hour on September 15, 2025 for contracts with delivery in October 2025. Figures decreased 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 mid September 2025.

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.

Natural gas rose to 2.85 USD/MMBtu on September 23, 2025, up 1.43% from the previous day. Over the past month, Natural gas's price has risen 1.39%, and is up 1.97% compared to the same time last year, 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 September of 2025.

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.

UK Gas fell to 79.26 GBp/thm on September 22, 2025, down 0.99% from the previous day. Over the past month, UK Gas's price has fallen 5.03%, and is down 8.29% 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 September of 2025.

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.

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

European Union Natural Gas Price: HC: Between 20 & 199 GJ: excl Taxes & Levies: EU excl UK data was reported at 0.087 EUR/kWh in Dec 2024. This records an increase from the previous number of 0.080 EUR/kWh for Jun 2024. European Union Natural Gas Price: HC: Between 20 & 199 GJ: excl Taxes & Levies: EU excl UK data is updated semiannually, averaging 0.048 EUR/kWh from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 0.098 EUR/kWh in Dec 2022 and a record low of 0.040 EUR/kWh in Jun 2010. European Union Natural Gas Price: HC: Between 20 & 199 GJ: 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.P003: Eurostat: Natural Gas Price: Household Consumers.

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.

For industries with an annual consumption of 100,000 to 1,000,000 GJ in the European Union, natural gas prices were highest in Sweden, at ***** euro cents per kilowatt-hour in 2024. Finland followed, at ***** euro cents per kilowatt-hour. In contrast, the lowest prices were observed in Lithuania, at **** euro cents per kilowatt-hour.

European Union Natural Gas Price: NH: 4000000 GJ & Above: incl All Taxes & Levies: EA data was reported at 0.048 EUR/kWh in Dec 2024. This records an increase from the previous number of 0.042 EUR/kWh for Jun 2024. European Union Natural Gas Price: NH: 4000000 GJ & Above: incl All Taxes & Levies: EA data is updated semiannually, averaging 0.031 EUR/kWh from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 0.111 EUR/kWh in Dec 2022 and a record low of 0.018 EUR/kWh in Dec 2020. European Union Natural Gas Price: NH: 4000000 GJ & Above: incl All 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: NH: Between 10000 & 99999 GJ: excl VAT & Other Recoverable Taxes & Levies: EA data was reported at 17.456 EUR/GJ in Dec 2024. This records an increase from the previous number of 17.086 EUR/GJ for Jun 2024. European Union Natural Gas Price: NH: Between 10000 & 99999 GJ: excl VAT & Other Recoverable Taxes & Levies: EA data is updated semiannually, averaging 10.012 EUR/GJ from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 22.498 EUR/GJ in Jun 2023 and a record low of 7.822 EUR/GJ in Dec 2020. European Union Natural Gas Price: NH: Between 10000 & 99999 GJ: excl VAT & Other Recoverable 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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EU Natural Gas Prices - Historical chart and current data through 2025.

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