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Category: Gas Prices

German gas storage levels from July 2025 to June 2026, showing inventories falling to 21% after winter before recovering to 41% by July 2026.

Market incentives threaten German gas storage refill

Year-on-year change in natural gas production across Eurasia, highlighting stronger Russian gas output in the first half of 2026.

Global gas market outlook identifies five trends to watch in H2 2026

Projected TTF summer-to-winter gas price spread under European gas storage scenarios for Winter 2026.

European gas storage targets face growing pressure from weak market incentives

Chart showing European daily LNG imports (30-day rolling average) compared with historical ranges from 2021 to 2026

European LNG imports fall sharply below recent seasonal levels

Dutch TTF natural gas futures fall nearly 10% from recent highs as geopolitical risk premium eases and European gas markets stabilise.

European gas prices retreat as LNG market risk premium fades

European gas storage levels remain below last year's pace amid LNG supply disruption

European gas market faces growing winter risks as Middle East crisis drags on

Line chart showing Dutch TTF front-month natural gas prices in €/MWh rising about 75% since January 2025–2026, with a sharp jump in 2026 (Source: IEEFA).

Gas-fired generation continues to drive European electricity prices

Global gas prices map showing TTF, JKM, Henry Hub and regional natural gas and LNG benchmarks in May 2026.

Global gas prices remain elevated as Europe and Asia outpace the US market

Chart comparing LNG import competitiveness across major European markets, showing Italy and Germany emerging as the strongest destinations for LNG cargoes ahead of winter

Italy and Germany emerge as leaders in competition for LNG cargoes this winter

Chart comparing 2026 European gas storage injection and withdrawal rates against the 15-year average

European gas storage faces difficult path to refill targets

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