natural gas prices

Europe: Natural gas prices dip amid supply recovery and new EU sanctions on Russia Read More »

Europe: Natural gas prices dip amid supply recovery and new EU sanctions on Russia

In Week 29 of 2025, European natural gas prices dipped slightly, with the benchmark Dutch TTF contract averaging €34.542/MWh. Prices briefly rose above €35 earlier in the week, driven by unplanned outages at Norway’s Nyhamna and Kollsnes processing plants and increased competition for LNG cargoes from Asia. However, as supply from Norway recovered, prices eased […]

Europe: Natural gas prices surge amid Middle East Tensions and Strait of Hormuz risks Read More »

Europe: Natural gas prices surge amid Middle East Tensions and Strait of Hormuz risks

In Week 24 of 2025, natural gas prices in Europe surged amid rising geopolitical tensions in the Middle East. The escalation began after Israel launched a series of strikes on Iran, sparking fears of a broader conflict in a region critical to global energy supplies. This unrest, coupled with forecasts of high temperatures and reduced

Bulgaria: Natural gas prices could drop further, heating hike requests lack justification Read More »

Bulgaria: Natural gas prices could drop further, heating hike requests lack justification

Plamen Mladenovski, the newly appointed Chairman of the Bulgarian Commission for Energy and Water Regulation (KEVR), has said that natural gas prices in the country could decrease by at least 10% in the near future, as global market prices continue to decline. He pointed out that KEVR has already reduced natural gas prices for April

Europe: Gas prices plunge amid global market turmoil and US tariff concerns Read More »

Europe: Gas prices plunge amid global market turmoil and US tariff concerns

European natural gas prices began the week with a sharp decline, driven by a broader global market sell-off sparked by the United States’ recent introduction of reciprocity-based tariffs. At the Title Transfer Facility (TTF) in the Netherlands, Europe’s most liquid gas trading hub, May contracts opened at 35 euros per megawatt-hour (MWh), marking a drop

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