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EUgasPrices

Tuesday, January 17
EU gas prices has fallen to autumn 2021 levels.

EU gas prices has fallen to autumn 2021 levels. Spot gas prices in Europe on January 16 fell by almost 10% to $635 per thousand cubic meters, which is equal to the level from September 2021. Since the beginning of the year, prices have fallen by 22...

  • #EnergyCrisis
  • #EUgasPrices
Thursday, January 5
Abnormal heat has brought gas prices in the EU to their lowest levels.

Abnormal heat has brought gas prices in the EU to their lowest levels. Natural gas prices in Europe continued to slide as warmer weather dampened demand and eased pressure on policymakers and central bankers. According to Bloomberg, the underlying futures fell 7.8% on Ja...

  • #EUgasConsumption
  • #EUgasPrices
  • #NiekVanKouteren
Monday, December 26
Warm weather has caused gas prices to plunge in Europe to below pre-war levels.

Warm weather has caused gas prices to plunge in Europe to below pre-war levels. Gas prices in Europe have fallen below the level observed before Russia’s war in Ukraine. The price at the TTF hub in the Netherlands fell by another 10% on December 23 to €83/MWh (about $920 pe...

  • #EnergyCrisis
  • #EUgasPrices
  • #EUgasReserves
Wednesday, December 7
The EU is discussing the upper limit of the gas price cap at €220.

The EU is discussing the upper limit of the gas price cap at €220. EU countries on Tuesday considered the latest proposal to reduce the gas price gap to €220 per MWh, a week ahead of a meeting where they hope to resolve the issue. Several nations, including Europe...

  • #EUgasPrices
  • #GasPriceCap
Friday, September 16
Gas prices in Europe have increased by 12%.

Gas prices in Europe have increased by 12%. During trading on September 15 the price of gas in Europe rose by 12% – to almost €245 per 1 MWh, according to data from the ICE exchange. The contract price for gas supply with execution in Oct...

  • #EUgasPrices
  • #UrsulavonderLeyen
Tuesday, September 6
The EU’s gas price increased by 30% in one day.

The EU’s gas price increased by 30% in one day.  Fueled by the complete shutdown of gas supplies through Nord Stream-1, gas exchange prices in Europe at the opening of trading on Monday exceeded $2,800 per thousand cubic meters, showing an increase...

  • #EUgasPrices
  • #Gazprom
  • #NordStream
Tuesday, July 5
EU gas prices have reached $1,800 per thousand cubic meters.

EU gas prices have reached $1,800 per thousand cubic meters.  Gas prices in Europe’s central hub have crossed the $1,800 per thousand cubic meters mark as worker strikes in Norway threaten supplies from the country, reported the London ICE exchange. The l...

  • #EUenergyCrisis
  • #EUgasPrices
  • #GasPrices2022
Thursday, March 24
Gas in Europe jumped 10% on Russia’s decision to transfer payment for gas in rubles.

Gas in Europe jumped 10% on Russia’s decision to transfer payment for gas in rubles.  The spot price of gas in Europe jumped by 10% on the announcement of Russia’s decision to require payment for gas exports in rubles. This contributed to an increase from over the previous day o...

  • #EUgasPrices
  • #EuropeGasPrices
  • #GasPricesIncrease
Tuesday, February 22
Natural gas prices on the Ukraine Energy Exchange decreased by 13.3% last week.

Natural gas prices on the Ukraine Energy Exchange decreased by 13.3% last week. The starting prices of natural gas on the Ukrainian Energy Exchange (UEE) fell by 13.32% during the week of February 14-18. On February 14, the starting price of the resource was UAH 36,400 per 1 thou...

  • #EUgasPrices
  • #gasprices
  • #NaturalGasPrices
Tuesday, February 8
Natural gas prices last week decreased by 7.1%.

Natural gas prices last week decreased by 7.1%.  In February, the starting prices of natural gas on the Ukrainian Energy Exchange (UEE) from January 31 to February 4, 2022, decreased by 7.07%. On January 31, the starting price of natural gas in Feb...

  • #EUgasPrices
  • #NaturalGasPrices
Tuesday, November 16

The starting price of natural gas fell by 7% last week. As of November 12, the weighted average price of the November resource in the GTS of Ukraine was UAH 35,770.55 ($ 1,365) per thousand cubic meters, and the resource in December, UAH 28,722.00 ($ 1,092...

  • #EUgasPrices
  • #NaturalGasPrice
Monday, November 1

Gas prices at Europe’s leading hub fell below $ 800 per thousand cubic meters, after Russia’s promises to increase gas reserves in storage from November reported The Financial Times. Gazprom has intentions to increase gas injections into the company’s underground sto...

  • #EUgasPrices
  • #GasFromRussiaToEU
  • #GasPricesCrisis
Friday, October 15

The price of gas in Europe has risen again. The prices on the European ICE exchange again exceeded $1,200 per thousand cubic meters. In the course of trading on October 14, quotations rose to $ 1,225 per thousand cubic meters. Last week gas pri...

  • #EUgasPrices
  • #GasPricesCrisis
  • #GaspricesRising
  • #GasShortage2021
Thursday, August 19

With European gas prices at their highest in 20 years, Naftogaz is scrimping on purchases, gambling on starting the heating season in mid-October with one third less gas than the 28.4 billion cubic meters stockpiled last fall. Yuriy Vitrenko, Naftogaz CEO, said Tuesday the company plans to ...

  • #EUgasPrices
  • #EUgasprices2021
  • #Naftogazpurchases
  • #YuriyVitrenko
Thursday, August 5

Prices on the European gas market hit $517 per 1,000 cubic meters on Monday . This is three times the level of $170 that Gazprom used in January to calculate its 2021 budget. Energy analysts say that Gazprom is forcing up the EU gas price to pressure regulators to commission ...

  • #EUgasPrices
  • #gaspricesforEU
  • #GaspromGasPrices
  • #GaspromIncreasedgasPrices
Friday, July 30

EU gas prices have spiked to historic highs, increasing 10-fold on the Dutch TTF in the last 15 months, said Serhiy Makogon, the Director General GTS Ukraine Operator, wrote yesterday on Facebook. “Today at the European hub TTF, the price of gas with delivery next month crossed the border of 40 euros pe...

  • #EUgasPrices
  • #EUgasprices2021
  • #Gasprices2021
  • #GaspricesRising

High gas prices in Asia – a 20% premium over EU — are causing diversion of LNG cargoes away from EU to Asia, according to S&P Global Platts. LNG deliveries to EU terminals in July were down by almost one third compared to the pre-pandemic year of 2019. For Europe, LNG is the main alternative to Russian p...

  • #EUgasPrices
  • #GaspricesRising
  • #HighGaspricesAsia
  • #LNGdeliveries
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