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.

Countries in Europe have some of the highest natural gas prices for the industry in the world. In the first quarter of 2025, industrial customers in Switzerland paid approximately 0.17 U.S. dollars per kilowatt hour worth of natural gas. This was considerably higher than the price of gas in natural gas producing countries such as Russia. Determining natural gas prices Like other commodities, natural gas prices are driven by supply and demand trends. In some instances, they may also reflect developments within the oil market, as both commodities are often produced together. Natural gas prices are volatile. Seeing as the consumption of natural gas is often without alternative (e.g. within power plants), short-term changes to supply and demand have huge repercussions for the market. Weather is also a common determinant of natural gas prices. Unprecedented heat waves in the U.S. have driven up electricity demand for air conditioning and affected weekly Henry Hub natural gas prices in the hotter summer months. Natural gas demand Primary energy demand generated by natural gas worldwide is highest in North America. Nevertheless, forecasts suggest that the Asia Pacific region will experience a doubling in such demand by 2050 and overtake consumers in North America. The United States is still leading a ranking of world natural gas consumption by country. However, China has increased its LNG and gas pipeline investment portfolio, which could see it becoming an even greater consumer in the future.

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.

United States Natural Gas Exports: Avg Price: LNG: To India data was reported at 5.680 USD/1000 Cub ft in 2024. This records a decrease from the previous number of 6.390 USD/1000 Cub ft for 2023. United States Natural Gas Exports: Avg Price: LNG: To India data is updated yearly, averaging 6.035 USD/1000 Cub ft from Dec 2010 (Median) to 2024, with 12 observations. The data reached an all-time high of 11.100 USD/1000 Cub ft in 2012 and a record low of 4.840 USD/1000 Cub ft in 2017. United States Natural Gas Exports: Avg Price: LNG: To India data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P016: Natural Gas Export Price: Liquefied Natural Gas: Annual.

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.

Discover the booming Indian natural gas market, projected to surpass $150 million by 2033. This in-depth analysis explores market drivers, trends, restraints, key players (ONGC, Reliance, IOCL), and segment growth (CNG, PNG, LPG). Learn how government policies and rising energy demand are shaping this dynamic sector. Recent developments include: In January 2022, According to the results of the bid opening for the 11th round of city gas distribution (CGD) bidding, Indian Oil Corporation (IOC) stands to get nine licences and Bharat Petroleum Corporation Ltd (BPCL) 6., In May 2022, Adani Total Private Limited has withdrawn its EoI to build a natural gas pipeline from Haldia to Panitar following objections by Hiranandani Energy and others.. Notable trends are: Piped Natural Gas (PNG) to Grow Significantly.

Gasoline Prices in India decreased to 1.06 USD/Liter in November from 1.07 USD/Liter in October of 2025. This dataset provides the latest reported value for - India Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Asia-Pacific natural gas market is experiencing robust growth, driven by increasing energy demand, particularly in rapidly developing economies like China and India. The region's burgeoning industrial sectors, coupled with rising urbanization and a shift towards cleaner energy sources, are fueling significant consumption. A CAGR exceeding 4.00% indicates a consistently expanding market, projected to reach a substantial value by 2033. While the precise market size for 2025 is not provided, considering a base year of 2025 and a CAGR of 4%, a reasonable estimate can be inferred based on industry reports and market trends for similar regions and energy commodities. Major players like China National Petroleum Corporation, China Petroleum & Chemical Corporation, and others are actively involved in production, distribution, and infrastructure development, shaping the market landscape. However, challenges remain, including fluctuating global prices, geopolitical uncertainties, and the need for consistent investment in pipeline infrastructure to ensure reliable supply across the vast and diverse region. Specific regional dynamics vary; China and India are leading consumers, while countries like Japan and South Korea showcase a mature market with established infrastructure and diversified supply sources. The market segmentation by country allows for a nuanced understanding of growth drivers and challenges within each nation. China's significant economic growth and its focus on energy security are primary factors driving demand. India's expanding industrial base and urbanization patterns similarly fuel substantial consumption. Japan and South Korea, while having more developed markets, still exhibit continued growth due to ongoing industrial activities and efforts to diversify energy sources. Australia and other nations in the region are also playing increasingly important roles as either producers or consumers, contributing to the complexity and overall dynamism of the Asia-Pacific natural gas market. Careful consideration of these regional dynamics is crucial for both producers and investors looking to successfully navigate this rapidly evolving market. This necessitates tailored strategies that address specific market needs and regulatory frameworks in each country within the Asia-Pacific region. 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.. Notable trends are: Increasing Investments in Natural Gas Production to Drive the Market.

The size of the India Natural Gas Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 3.00% during the forecast period. Recent developments include: In January 2022, According to the results of the bid opening for the 11th round of city gas distribution (CGD) bidding, Indian Oil Corporation (IOC) stands to get nine licences and Bharat Petroleum Corporation Ltd (BPCL) 6., In May 2022, Adani Total Private Limited has withdrawn its EoI to build a natural gas pipeline from Haldia to Panitar following objections by Hiranandani Energy and others.. Key drivers for this market are: 4., Increasing Investment in the Upstream Sector4.; Supportive Government Policies. Potential restraints include: 4., Increasing Demand to Diversify the Power Generation Mix by Introducing Renewable Energy Sources. Notable trends are: Piped Natural Gas (PNG) to Grow Significantly.

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The floating liquefied natural gas market share is expected to increase by USD 4.68 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 6.12%.

This floating liquefied natural gas market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers floating liquefied natural gas market segmentations by processing capacity (large-scale capacity and small-scale capacity) and geography (North America, Europe, APAC, South America, and MEA). The floating liquefied natural gas market report also offers information on several market vendors, including Black & Veatch Holding Co., Eni Spa , Excelerate Energy LP, EXMAR NV, Golar LNG Ltd., Lloyds Energy DMCC, Petroliam Nasional Berhad , Royal Dutch Shell Plc, Samsung Heavy Industries Co. Ltd., and TechnipFMC Plc among others.

What will the Floating Liquefied Natural Gas Market Size be During the Forecast Period?

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Floating Liquefied Natural Gas Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rising global oil and gas consumption is notably driving the floating liquefied natural gas market growth, although factors such as fluctuations in oil and gas prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the floating liquefied natural gas industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Floating Liquefied Natural Gas Market Driver

Rising global oil and gas consumption is one of the key factors driving the growth of the global floating liquefied natural gas market. Liquid fuel consumption across the globe, especially in emerging economies such as India, China, and Brazil, is expected to grow, owing to the increasing demand for vehicles and a rise in the consumption of petrochemicals. For instance, according to the US Energy Information Administration (EIA), in 2019, the production of petroleum and other liquid fuels in Brazil averaged 3.7 million barrels per day (b/d). Similarly, natural gas consumption has also seen a rise in the last ten years. According to the US Energy Information Administration (EIA), global natural gas consumption increased significantly in 2019. Natural gas has witnessed a higher rise in consumption than oil due to the increasing adoption of natural gas as a fuel. Also, with the increased consumption of fuel from developing economies such as India and China, the demand for LNG is likely to propel during the forecast period, thereby increasing the demand for FLNG projects during the forecast period.

Key Floating Liquefied Natural Gas Market Trend

The rise in the number of deepwater and ultra-deepwater drilling projects will fuel the global floating liquefied natural gas market growth. As per the US Energy Information Administration, the oil shock resulted in the decline of crude oil prices in early 2020 due to the COVID-19 pandemic, which was one of the lowest since 2003. Also, the prices of the rigs were reduced due to the fewer number of ongoing projects in the oil and gas industry. Sensing profit through low rig rates, some companies are resuming their offshore projects. FLNG vessels provide the advantages of reduced investments and earlier cash flow compared with fixed platforms. The advantages of FLNG vessels make them ideal for offshore activities. Deepwater and ultra-deepwater projects are also far from the mainland; hence, laying an extensive oil and gas pipeline network to transfer the produced hydrocarbons to onshore facilities is too costly. Therefore, FLNG vessels are economical for deepwater and ultra-deepwater projects, as these vessels can treat, liquefy, and store the natural gas extracted from offshore fields. Operators sell the LNG directly from the vessel and generate revenues. Advances in technology allowed exploring gas reserves that were initially uneconomical. This is likely to drive the global FLNG market during the forecast period.

Key Floating Liquefied Natural Gas Market Challenge

Fluctuations in oil and gas prices are major challenges for the global floating liquefied natural gas market growth. The continued trend of low crude oil prices has put additional pressure on the oil and gas service providers. Low-profit margins for a continued period result in reduced revenues, which directly influence the financial aspect of a company. The market potential for oil and gas service businesses has declined due to the low investments in oil and gas projects. As t

United States Natural Gas Exports: Avg Price: LNG: To India: From Corpus Christi, Texas data was reported at 5.900 USD/1000 Cub ft in 2024. This records a decrease from the previous number of 14.650 USD/1000 Cub ft for 2022. United States Natural Gas Exports: Avg Price: LNG: To India: From Corpus Christi, Texas data is updated yearly, averaging 5.900 USD/1000 Cub ft from Dec 2019 (Median) to 2024, with 5 observations. The data reached an all-time high of 14.650 USD/1000 Cub ft in 2022 and a record low of 4.270 USD/1000 Cub ft in 2020. United States Natural Gas Exports: Avg Price: LNG: To India: From Corpus Christi, Texas data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P016: Natural Gas Export Price: Liquefied Natural Gas: Annual.

The global natural gas distribution market is experiencing robust growth, driven by increasing energy demand, particularly in rapidly developing economies across Asia and the Middle East. The shift towards cleaner energy sources compared to coal and oil, coupled with supportive government policies promoting natural gas as a transition fuel, significantly contributes to this expansion. The market is segmented by application (industrial, power sector, residential & commercial buildings, transportation) and type (Compressed Natural Gas – CNG, Pipeline Natural Gas – PNG). While CNG offers mobility solutions, PNG remains dominant due to its established infrastructure and cost-effectiveness for large-scale distribution. The industrial and power sectors are major consumers, with residential and commercial applications also showing considerable growth potential, especially in regions with expanding urbanization. Leading players like Centrica, Osaka Gas, Tokyo Gas, GAIL India, and Naturgy are strategically investing in infrastructure upgrades and expanding their geographical reach to capitalize on market opportunities. However, the market faces challenges such as fluctuating natural gas prices, geopolitical instability impacting supply chains, and concerns regarding methane emissions. Despite these constraints, the long-term outlook for natural gas distribution remains positive, fueled by continuous growth in energy consumption and the ongoing transition to cleaner energy. Further analysis reveals a strong regional disparity. North America and Europe currently hold significant market shares, driven by well-established infrastructure and regulatory frameworks. However, the Asia-Pacific region, particularly India and China, is projected to witness the fastest growth over the forecast period (2025-2033) due to rapid industrialization, rising populations, and increasing urbanization. This necessitates substantial investment in infrastructure development to meet the surging demand. The Middle East and Africa also present significant opportunities, although political stability and economic conditions in some regions may influence market growth. Technological advancements, such as the development of smart grids and improved pipeline technologies, are also contributing to enhancing efficiency and reducing environmental impact within the natural gas distribution sector. Competitive dynamics are shaped by mergers and acquisitions, strategic partnerships, and technological innovation, creating a dynamic and evolving market landscape.

The dataset described presents projected information on fossil fuel costs for the year 2024 across various Indian states. This information includes daily prices for four major types of fuel: gasoline, diesel, LPG (liquefied petroleum gas), and CNG (compressed natural gas). The generated data volume is significant, covering 365 days of daily price records across all Indian states, resulting in a target file size of 314.78 MB. The dataset contains four key columns to store the information: "State," "Fuel," "Date," and "Rate." The "State" column contains the names of Indian states, such as Andhra Pradesh, Maharashtra, Tamil Nadu, and Karnataka, among others. The "Fuel" column specifies the type of fuel related to the recorded price, whether gasoline, diesel, LPG, or CNG.

The "Date" column records the exact day for each price in the format YYYY-MM-DD, covering all days of 2024. Finally, the "Rate" column holds the simulated fuel values, expressed as floating-point numbers representing the daily cost of each fuel type. The prices were randomly generated within typical market price ranges, simulating real-world fluctuations in fuel costs over time.

This dataset is particularly useful for analyzing price trends and comparing fuel costs across different regions in India. It provides a comprehensive overview that allows the identification of regional variations in fuel prices throughout the year and enables the modeling of price fluctuations. The primary purpose is to offer a tool that simulates fossil fuel price behavior, serving as a valuable reference to understand how prices may vary over time and between regions.

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Compressed Natural Gas (CNG) Market Size 2025-2029

The compressed natural gas (cng) market size is valued to increase by USD 32.28 billion, at a CAGR of 9% from 2024 to 2029. Increase in number of CNG-powered vehicles will drive the compressed natural gas (cng) market.

Market Insights

APAC dominated the market and accounted for a 52% growth during the 2025-2029.
By Application - LDV segment was valued at USD 32.11 billion in 2023
By Source - Non associated gas segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 90.25 billion 
Market Future Opportunities 2024: USD 32280.00 billion
CAGR from 2024 to 2029 : 9%

Market Summary

Compressed Natural Gas (CNG) is an alternative fuel derived from the natural gas industry, characterized by its high energy content and environmental benefits. The global CNG market is driven by several factors, including the increasing number of CNG-powered vehicles and the expansion of CNG refueling infrastructure. The supply of natural gas, a primary feedstock for CNG, is another significant factor influencing market growth. Fluctuation in global oil and gas prices plays a crucial role in the adoption of CNG as a transportation fuel. As oil prices rise, the cost competitiveness of CNG increases, making it an attractive alternative for commercial and industrial fleets.
For instance, a logistics company may opt for CNG to power its delivery trucks to optimize its fuel costs and reduce operational expenses. Despite the numerous advantages, the CNG market faces challenges, such as limited refueling infrastructure in certain regions and the high upfront cost of CNG vehicles and infrastructure. To mitigate these challenges, governments and private entities are investing in the development of CNG infrastructure and incentives for CNG vehicle adoption. In summary, the CNG market is witnessing steady growth due to the increasing number of CNG-powered vehicles, expanding refueling infrastructure, and favorable economic conditions.
Companies across various industries, including transportation and logistics, are exploring the use of CNG to improve their operational efficiency and reduce their carbon footprint.

What will be the size of the Compressed Natural Gas (CNG) Market during the forecast period?

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Compressed Natural Gas (CNG) is an increasingly popular sustainable fuel option for transportation, with its market exhibiting continuous evolution. Renewable gas integration is a significant trend in the CNG sector, as companies seek to reduce their carbon footprint and comply with stringent environmental regulations. For instance, pipeline network expansion enables the integration of biomethane, a renewable gas derived from agricultural waste, into the CNG supply chain. Fuel consumption patterns indicate that CNG offers cost-effectiveness advantages over traditional diesel and gasoline. According to data from the US Department of Energy, the average price of CNG is approximately 50% lower than that of gasoline and 30% lower than diesel.
This cost savings can significantly impact budgeting and product strategy decisions for businesses operating large fleets. Moreover, advancements in fuel dispensing technologies, such as high-pressure CNG compressors and fast-fill stations, enhance operational efficiency improvements. Gas quality monitoring systems ensure consistent fuel quality, while economic feasibility studies and emission reduction targets guide infrastructure development. Safety management systems and regulatory compliance frameworks are essential components of the CNG market, as they ensure network reliability assessment and engine performance metrics meet industry standards. Additionally, hydrogen blending in CNG can improve fuel infrastructure development and energy security implications, making it a promising area for future research.
In conclusion, the CNG market's dynamic nature offers numerous opportunities for businesses to adapt and innovate, from vehicle refueling infrastructure and engine performance to fuel infrastructure development and environmental impact assessment.

Unpacking the Compressed Natural Gas (CNG) Market Landscape

The compressed natural gas (CNG) market is evolving as stakeholders focus on infrastructure expansion, vehicle performance, and environmental sustainability. CNG pipeline network expansion plans and CNG infrastructure development strategies are essential for supporting increased adoption, while optimizing CNG refueling station layout and implementing safety features CNG fueling stations ensure operational efficiency and user safety. Maintenance schedules CNG vehicles, CNG vehicle engine performance metrics, and CNG vehicle fuel efficiency improvements contribute to maximizing vehicle reliability and reducing operational costs. Comparing CNG

1438 Global import shipment records of Natural Gas with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Get detailed and the latest Liquefied Natural Gas import data of HS code 27111100 India with customs shipment details as price, date, Indian import port, importers and buyers in India.

Japan and China have some of the highest spot prices for liquefied natural gas. In January 2024, customers in Japan and China paid approximately 10.05 U.S. dollars per million British thermal unit of LNG delivered. Destination markets in Europe and South America experienced slightly lower shipping costs. In the last few years, the global trade volume of LNG has increased notably, exceeding 500 billion cubic meters shipped.

LNG demand growth and largest destination markets

Increased gas demand and improved liquefaction technology has prompted growth in the gas market and the entry of new players. LNG prices were initially strongly influenced by crude oil, however, as the market grew it developed independent benchmarks. As one of the largest LNG importing countries, the price for LNG in Japan has become synonymous with the global benchmark.

United States Natural Gas Exports: Avg Price: LNG: To India: From Calcasieu Pass, Louisiana data was reported at 7.350 USD/1000 Cub ft in Jun 2024. This records an increase from the previous number of 7.340 USD/1000 Cub ft for May 2024. United States Natural Gas Exports: Avg Price: LNG: To India: From Calcasieu Pass, Louisiana data is updated monthly, averaging 7.340 USD/1000 Cub ft from Feb 2023 (Median) to Jun 2024, with 7 observations. The data reached an all-time high of 16.190 USD/1000 Cub ft in Feb 2023 and a record low of 6.620 USD/1000 Cub ft in Apr 2024. United States Natural Gas Exports: Avg Price: LNG: To India: From Calcasieu Pass, Louisiana data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P015: Natural Gas Export Price: Liquefied Natural Gas.

View details of Natural Gas imports shipment data in August with price, HS codes, major Indian ports, countries, importers, buyers in India, quantity and more.

View details of Natural Gas imports shipment data in January with price, HS codes, major Indian ports, countries, importers, buyers in India, quantity and more.