European gas market softens as LNG imports jump: March 2026 report

European gas market chart showing Europe’s monthly LNG imports rising to a record 14.21 Mt in February 2026

European gas market conditions eased in February 2026 as EU gas demand fell 4.4% year on year and TTF spot prices dropped 6% month on month to $11.27/MMBtu. At the same time, Europe’s LNG imports exceeded 14 Mt for the first time, while EU storage averaged 36 bcm, or 35% of capacity, showing that the region still relied heavily on […]

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