Natural gas rose to 4.94 USD/MMBtu on December 3, 2025, up 2.04% from the previous day. Over the past month, Natural gas's price has risen 13.71%, and is up 62.29% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on December of 2025.

Natural gas prices decreased across all major regions in 2024, as supply caught up to higher demand. In Japan, LNG sold for an average of **** nominal U.S. dollars per million British thermal units. Meanwhile, the United States, as the largest natural gas producer worldwide, has significantly lower prices for the fossil fuel. The U.S. has had lower natural gas prices than Europe for much of the past four decades. LNG on the rise LNG is expected to shape much of future natural gas trade. Although pipelines have been the preferred method of transportation for many decades, as Europe shifts away from Russia as its main gas supplier, LNG has become more in demand. The global LNG trade volume has already exceeded *** billion cubic meters per year, and is expected to continue growing. Countries in Asia have some of the highest landed prices for liquefied natural gas worldwide. Natural gas benchmarks Some of the most closely followed natural gas price benchmarks are the U.S. Henry Hub and the Dutch TTF. The former is an important indicator of the state of the natural gas industry in the U.S., while the latter reflects natural gas market developments in Europe and potential repercussions for consumers.

TTF Gas fell to 27.92 EUR/MWh on December 3, 2025, down 0.17% from the previous day. Over the past month, TTF Gas's price has fallen 14.22%, and is down 40.94% 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 - values, historical data, forecasts and news - updated on December of 2025.

The annual average Henry Hub price declined to *** U.S. dollars per million British thermal unit in 2024. According to a forecast released in February 2025, Henry Hub natural gas prices will more than double by 2026 amid greater demand forecast.

UK Gas fell to 72.60 GBp/thm on December 2, 2025, down 1.67% from the previous day. Over the past month, UK Gas's price has fallen 11.75%, and is down 40.33% 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 December of 2025.

United States Natural Gas: Spot Price: Henry Hub-I data was reported at 3.260 USD/MN BTU in 05 May 2025. This records an increase from the previous number of 3.100 USD/MN BTU for 02 May 2025. United States Natural Gas: Spot Price: Henry Hub-I data is updated daily, averaging 2.930 USD/MN BTU from Jan 1997 (Median) to 05 May 2025, with 7145 observations. The data reached an all-time high of 23.860 USD/MN BTU in 17 Feb 2021 and a record low of 1.210 USD/MN BTU in 11 Nov 2024. United States Natural Gas: Spot Price: Henry Hub-I data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under World Trend Plus’s Commodity Market – Table US.P026: Petroleum Spot Price: Energy Information Administration. Previously named as Henry Hub Released once a week (every Wednesday) with data from Wednesday to Friday of the previous week up to Tuesday of the current week. If Wednesday falls on a holiday, the data will be released on the next business day. Price spike on Feb 11 to 18, 2021 data was caused by the effect of decline in natural gas production brought about by the cold wave experienced during the month. Price spike on Jan 12, 2024 data was caused by the anticipation of increased natural gas consumption because of the weather forecast for well-below-normal temperatures for most of the United States over the long weekend. [COVID-19-IMPACT]

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.

In Q3 2025, North America, the Natural Gas Price Index fell by 11.9% quarter-over-quarter, reflecting abundant supply pressure. Check detailed insights for Europe, MEA and APAC.

According to Cognitive Market Research, the global Natural Gas Liquids market size was USD 17542.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.60% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 7016.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 5262.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 4034.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 877.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 350.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.
The ethane category is the fastest growing segment of the Natural Gas Liquids industry

Market Dynamics of Natural Gas Liquids Market

Key Drivers for Natural Gas Liquids Market

Increasing Petrochemical Industry to Boost Market Growth

The market for natural gas liquids (NGL) is mostly driven by the expanding petrochemical sector. Natural gas liquids (NGLs) like ethane, propane, and butane are vital raw materials for the synthesis of petrochemicals like ethylene and propylene, which are extensively utilized in the creation of synthetic materials, chemicals, and plastics. The need for NGLs is rising due to the petrochemical industry's explosive growth, particularly in North America and Asia. The utilization of NGLs in a variety of applications is growing as a result of growing industrialization and technological developments in chemical processing. The global need for consumer goods, packaging, and industrial materials is driving the petrochemical industry's growth, which in turn will fuel the NGL market's long-term growth.

The Surge in Shale Gas Production to Drive Market Growth

The market for natural gas liquids (NGL) is growing as a result of increased shale gas output. Production of NGLs, including ethane, propane, and butane, has expanded because of the spike in shale gas extraction, especially in North America, through horizontal drilling and hydraulic fracturing technology. These liquids are frequently left over after natural gas from shale formations is extracted. In order to fulfill growing global demand, the U.S. shale boom has improved export prospects and supported local NGL supplies. The supply of NGLs is directly increased by the ongoing expansion of shale gas production, which fosters the long-term growth of the NGL market by meeting the increasing demand from sectors such as transportation, energy, and petrochemicals.

Restraint Factor for the Natural Gas Liquids Market

Price Volatility for Crude Oil Will Limit Market Growth

The volatility of crude oil prices severely constrains

The natural gas liquids (NGL) market. Because NGLs are frequently extracted in conjunction with crude oil and natural gas, changes in oil prices have an immediate effect on how profitable it is to produce NGLs. Oil and gas companies may cut back on drilling when crude oil prices drop, which lowers the output of NGLs. Furthermore, a decline in oil prices may increase the appeal of alternative energy sources, which would lessen the market for NGLs. On the other hand, sudden spikes in oil prices can cause market instability and increase the operational expenses for NGL producers. It is difficult for NGL market participants to sustain consistent growth because of this price volatility, which also makes long-term planning more difficult and causes investor concern.

Impact of Covid-19 on the Natural Gas Liquids Market

The COVID-19 pandemic had a substantial effect on the natural gas liquids (NGL) market because it caused supply chain disruptions on a worldwide scale, decreased energy consumption, and a steep reduction in industrial activity. Lockdowns and limitations reduced the demand for NGLs, especially in the transportation and petrochemical sectors, which are big users of butane, propane, and ethane. The demand for NGLs as alternati...

The size of the Natural Gas Market was valued at USD XX Million in 2024 and is projected to reach USD XXX Million by 2033, with an expected CAGR of XX% during the forecast period.Natural gas is one of the fossil fuels containing mostly methane-a hydrocarbon. It burns cleaner than coal or oil, making it a very good source of energy for almost any use. It generates electricity as well as heating for private and public homes. Large-scale processes by industry require it, and it also uses fuel in transport. Feedstocks for making fertilizers, plastics, and other chemicals require natural gas. The natural gas market is the discovery, production, transportation, storage, and distribution of this very energy resource.

Working gas held in storage facilities in the United States decreased by 11 billion cubic feet in the week ending November 21 of 2025 . This dataset provides the latest reported value for - United States Natural Gas Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Snapshot img { margin: 10px !important; } The global natural gas market has the potential to grow by USD 137.51 billion during 2020-2024, and the market’s growth momentum will accelerate throughout the forecast period because of the steady increase in year-over-year growth.

This report provides a detailed analysis of the market by resource type (conventional and unconventional) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including BP Plc, Chevron Corp., ConocoPhillips Co., Exxon Mobil Corp., PetroChina Co. Ltd., PJSC Gazprom, Royal Dutch Shell Plc, Saudi Arabian Oil Co., Suncor Energy Inc., and TOTAL SA.

Market Overview

Browse TOC and LoE with selected illustrations and example pages of natural gas market

Request a FREE sample now!

Market Competitive Analysis

The natural gas market is currently highly fragmented, and the degree of fragmentation will remain the same during the forecast period. Vendors are focusing on unconventional exploration and production activities to increase revenue generation. BP Plc, Chevron Corp., ConocoPhillips Co., and Exxon Mobil Corp. are some of the major market participants. Although the investments in upstream projects will offer immense growth opportunities, the environmental concerns related to drilling will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market positions, this natural gas market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this natural gas market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading natural gas companies, including:

BP Plc
Chevron Corp.
ConocoPhillips Co.
Exxon Mobil Corp.
PetroChina Co. Ltd.
PJSC Gazprom
Royal Dutch Shell Plc
Saudi Arabian Oil Co.
Suncor Energy Inc.
TOTAL SA

Natural Gas Market: Segmentation by Region

For more insights on the natural gas market share of various regions Request for a FREE sample now!

North America was the largest market for natural gas in 2019, and the region will continue to offer maximum growth opportunities to vendors. The natural gas production output in North America has increased significantly in recent years owing to unconventional exploration and production activities, such as drilling, in shale reserves in the region.

Over 36% of the market’s growth will originate from North America during the forecast period. The growing number of onshore and offshore natural gas projects and rising investments and initiatives undertaken by various governments will contribute to the natural gas market size growth in the region. The US and Canada are the key markets for natural gas in North America. Market growth in this region will be faster than the growth of the market in other geographies.

Natural Gas Market: Segmentation by Resource Type

Request for a FREE sample and Get more information on the market contribution of various types of resources

Oil and natural gas production from conventional resources hold a significant share in the oil and gas industry. The availability of conventional resources of natural gas is high in natural gas-producing countries such as Russia, Iran, Qatar, and China. The rising demand for natural gas and increasing investments in the upstream sector are driving the growth of the global natural gas market by the conventional segment.

However, market growth by the conventional segment will be slower than the growth of the market by the unconventional segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the natural gas market size.

Natural Gas Market: Key Drivers and Trends

The growing population and industrial development have been increasing the demand for energy across the world. Therefore, many countries are exploring untapped oil and gas resources with the help of technological advances in the oil and gas industry. Moreover, oil and gas operators are increasingly investing in mature oil and gas fields to overcome the issue of declining conventional oilfields and maximize their revenue. Such increasing investments in the upstream oil and gas sector across the world will drive natural gas exploration and production activities, fueling n

German Gas rose to 32.82 EUR/MWh on November 20, 2025, up 0.71% from the previous day. Over the past month, German Gas's price has fallen 2.21%, and is down 33.10% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Germany Natural Gas THE.

In 2024, the global natural gas price index stood at 167.43 index points. This was down from a peak of 521.58 in 2022. Natural gas prices increased significantly in the latter half of 2021 and throughout much of 2022 owing to greater power demand combined with supply constraints. This trend was also reflected in the monthly natural gas price index.

The average monthly price for natural gas in the United States amounted to *** nominal U.S. dollars per million British thermal units (Btu) in October 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 2024. 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.

The size of the Asia-Pacific Natural Gas Market was valued at USD 14940 Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.00">> 4.00% during the forecast period. Recent developments include: July 2022: The Indian government announced that it had set a target to raise the share of natural gas in the energy mix to 15% by 2030 from the current 6.3%. According to the data demonstrated by the Ministry of Petroleum & Natural Gas, 95.21 lakh PNG (Domestic) connections have been provided, and the authorized entities have established 4531 CNG (Transport) stations as of 31 May 2022., May 2022: The China National Offshore Oil Company (CNOOC) awarded CNY 16 billion (USD2.42 billion) contracts for building 12 liquefied natural gas tankers. The 12 vessels will be constructed by Hudong Zhonghua Shipbuilding Co., a China State Shipbuilding Corporation (CSSC). Each tanker can carry about 174,000 cubic meters of LNG, equivalent to 108 million cubic meters when re-gasified. The vessels are slated for commissioning between 2024 and 2027., January 2022: GAIL (India) Ltd commenced India's first-of-its-kind project of mixing hydrogen into the natural gas system in Indore, Madhya Pradesh. The hydrogen blended natural gas will be supplied to Avantika Gas Ltd, one of GAIL's joint ventures with HPCL, to retail CNG to automobiles and piped natural gas to households in Indore.. Key drivers for this market are: 4., Increasing Electricity Demand4.; Rsing Investments in the Coal Industry. Potential restraints include: 4., Increasing Installation of Renewable Energy Sources. Notable trends are: Increasing Investments in Natural Gas Production to Drive the Market.

According to Cognitive Market Research, the global Natural Gas Storage market size was USD 9.8 billion in 2024 and will expand at the compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. Market Dynamics of Natural Gas Storage Market

Key Drivers for Natural Gas Storage Market

Market Flexibility and Price Stability - Natural gas storage facilities enable market participants to optimize supply chain logistics and hedge against price volatility. Storage helps mitigate price spikes during peak demand periods by releasing stored gas into the market, thereby stabilizing prices. Additionally, it provides flexibility for gas traders, utilities, and industrial consumers to buy and sell gas based on market conditions and pricing trends. This ability to respond swiftly to market dynamics enhances overall market efficiency and supports economic growth by ensuring reliable and affordable energy supplies.
The energy security and resilience are anticipated to drive the Natural Gas Storage market's expansion in the years ahead.

Key Restraints for Natural Gas Storage Market

The insufficient storage facilities and infrastructure can constrain the capacity and efficiency of natural gas storage, limiting the Natural Gas Storage industry growth.
The market also faces significant difficulties related to regulatory challenges.

Introduction of the Natural Gas Storage Market

The Natural Gas Storage Market plays a critical role in ensuring energy security and stability by providing flexibility in supply and demand dynamics. It encompasses facilities and technologies designed to store natural gas throughout the period of low demand and release it during peak consumption times, thereby balancing fluctuations in supply and maintaining grid reliability. Key storage methods include underground reservoirs, depleted gas fields, and liquefied natural gas (LNG) facilities, each offering unique advantages in terms of capacity, cost-effectiveness, and operational flexibility; driven by increasing global energy consumption and the transition towards cleaner fuels, the market for natural gas storage continues to evolve. However, challenges such as infrastructure limitations, regulatory complexities, and environmental considerations pose significant hurdles to market growth. Despite these challenges, technological advancements in storage techniques and strategic investments in infrastructure are expected to bolster market expansion, supporting the resilience and efficiency of natural gas supply chains worldwide.

Natural Gas: Alberta Market Price data was reported at 2.366 CAD/GJ in Nov 2025. This records an increase from the previous number of 1.248 CAD/GJ for Oct 2025. Natural Gas: Alberta Market Price data is updated monthly, averaging 1.890 CAD/GJ from Jan 2012 (Median) to Nov 2025, with 167 observations. The data reached an all-time high of 6.860 CAD/GJ in Jun 2022 and a record low of 0.695 CAD/GJ in Sep 2024. Natural Gas: Alberta Market Price data remains active status in CEIC and is reported by Canadian Gas Association. The data is categorized under Global Database’s Canada – Table CA.P: Natural Gas Price.

According to Cognitive Market Research, the global natural gas security market size was USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.50% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Europe accounted for over 30% of the global USD XX million market size.
Asia Pacific held a market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
Latin America's market has more than 5% of the global revenue, with a market size of USD XX million in 2024, and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
The surveillance held the highest natural gas security market revenue share in 2024.

Market Dynamics of Natural Gas Security Market

Key Drivers of Natural Gas Security Market

Growing Demands on Conformity with Regulations to Increase the Demand Globally 

The need for security solutions is mostly driven by the strict regulatory framework that oversees the oil and gas sector. To prevent environmental accidents, ensure public safety, and preserve essential infrastructure, governments, and regulatory agencies worldwide are enforcing strict regulations. Oil and gas firms must abide by these rules and guidelines, which include particular security precautions and procedures. The market is driven by firms' constant investments in personnel training, improved security technology, and comprehensive security frameworks to meet regulatory obligations. In addition to striving for compliance, businesses exchange ideas, experiences, and tactics with regulatory agencies, security specialists, and industry groups. This partnership makes establishing benchmarks and industry-wide security standards easier.

Cloud Computing Adoption in the Market for Gas Security to Propel Market Growth

The increased use of cloud computing in the gas sector has increased its susceptibility to cyberattacks. One of the main problems in the oil and gas business is data protection and privacy, which has been addressed by isolating networks and bolstering perimeter defenses. With the introduction of cloud computing to the gas sector, businesses now have the chance to strengthen and modernize their defenses by implementing cyber security. Many businesses must use cloud technology to secure data because they lack the necessary resources, experience, or on-premise servers. Conventional network models primarily addressed perimeter security; however, because cybercriminals have already mastered the art of infiltration, traditional perimeter security.

Restraint Factors Of Natural Gas Security Market

Growing Environmental Concerns and Growing Costs for Natural Gas to Limit the Sales

Concern over how oil and gas extraction affects the environment is spreading worldwide. This includes rising carbon emissions, contaminated water, and devastating wildlife habitats and lands. Businesses find it increasingly difficult to compete in the market due to their demand to lessen their environmental impact. Geopolitical concerns, declining production capacity, and rising demand are some of the reasons driving up the cost of gas and oil. Consumer prices have increased as a result, while oil and gas corporations' profitability has declined.

Impact of COVID-19 on the Natural Gas Security Market

The global oil and gas industry is anticipated to be impacted by the COVID-19 pandemic. Cyberattacks have surged by 630% between January and April, claims McAfee. Organizations are experiencing economic hardship due to the pandemic, and the lack of service engineers has put significant pressure on the oil industry. As a result, oil businesses are connecting OEMs with Operational Technology (OT) to complete tasks. However, as a result, their OT and IT systems are vulnerable to attacks and are no longer isolated. Cyberattacks are more likely to occur on systems that do not have the latest security patches. In addition, the pandemic and the followin...

The North America Natural Gas Market was valued at USD 435.26 Billion in 2024 and is expected to reach USD 622.63 Billion by 2030 with a CAGR of 6.15% during the forecast period.