Natural Gas Prices, Markets & Analysis

ICIS provides extensive coverage of the global natural gas markets, bringing you independent pricing information and in-depth analysis, along with commentary and news. Information, such as price assessments and indices, can be easily accessed on the ICIS Dashboard.

Our network of reporters in Europe, China, Singapore and the US delivers local insights for many hubs and markets, published across a wide range of gas reports. ICIS is an established source of essential pricing information, used by key players in the global markets. In particular, the NBP Heren Index and TTF Heren Index are key global benchmarks for the European natural gas markets.

 

Natural Gas Market Overview

Updated to Q3 2016

European natural gas prices have come under considerable downward pressure in recent years, with the Dutch TTF Day-ahead contract assessed at €11.05/MWh in late August 2016. Having been worth more than €25.00/MWh in early 2014, the TTF price – which is a benchmark for the European market – has traded lower on improved global supply and lacklustre European demand. Weak oil prices have also contributed to this fall.

Much of the additional global supply comes from new production and exports from the US and Australia, which has allowed other exporters, such as Qatar, to send more natural gas to the NBP and TTF.

At the same time, traditional European suppliers in Norway and Russia continue to distribute their natural gas to the traded hubs in Europe.

ICIS gas benchmark prices

Benchmark your position in European natural gas with ICIS indices and assessments

Heren proprietary indices and assessments are the industry standard for European gas. Independently assessed and verified, directly from the market, these prices provide a reliable benchmark for the main gas hubs.

The British NBP and Dutch TTF natural gas prices, produced by ICIS, are referenced throughout the world and are the gas industry’s main reference for the European continent as a whole.

Our daily indices and assessments are designed to increase pricing transparency, enabling you to make accurate, timely decisions when buying and selling European natural gas.

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Gas news and market information products from ICIS

We offer the following regional Gas analysis and news coverage to keep you informed of factors and developments affecting prices in the Gas marketplace.

  • Price reporting

    Price Reporting – More information about the price reports we publish on Gas

    Independent price assessments and market coverage by region

  • Related products

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  • Price history

    Price History – More information about the historical price data we publish on Gas

    Track historical price data

  • News & analysis

    News & Analysis - News & market analysis specifically relating to Gas

    Breaking news of latest developments affecting the markets.

    Insight and analysis of factors driving prices.

Kinder Morgan announces open season on proposed Texas pipeline

...Dth) - 1.63 billion cubic feet (bcf) or 46.3 million cubic metres - per day of natural gas from the Waha gas hub in west Texas to Agua Dulce, Kinder Morgan... Wed, 22 Mar 2017

ICIS view: Energy policies key in Dutch coalition negotiations

...With the Netherlands on course to miss its 2020 renewable energy and greenhouse gas reduction targets, the main negotiating points will be over the level... Mon, 20 Mar 2017

Gas options trade hints at easing Rough-related winter risk

...Gas options trade hints at easing Rough-related winter risk. Jake Horslen. Open interest on winter 2017 delivery options at the British NBP has surged since... Fri, 17 Mar 2017

ICIS view: Gazprom’s price review pledge and the impact on gas hub trading

...that oil-linked gas contract holders must manage between their gas purchase price and the value of their gas sales at hub-linked prices to end-users, or... Thu, 16 Mar 2017

Brokered Spanish PVB gas trade rockets on the curve

...Brokered Spanish PVB gas trade rockets on the curve. Rob Songer. Brokered natural gas liquidity at the Spanish PVB hub has jumped so far in 2017, data from... Wed, 15 Mar 2017

Market highlight: NBP gas winter-summer spreads hold firm

Market highlight: NBP gas winter-summer spreads hold firm

The prices of British natural gas summer- and winter-delivery contracts have moved in line with each other in March, despite Centrica Storage’s decision not to offer any capacity at Britain’s only seasonal storage site Rough for 12 months starting from April.

In this market highlight, ICIS looks at what has driven the key NBP summer-winter spread recently, and at which months are shaping up to be the most risk-laden at the NBP next winter.

ICIS Spanish Gas and LNG Forum – A New Dawn?

4 May / Westin Palace, Madrid

ICIS Spanish Gas and LNG Forum – A New Dawn

Join the market experts from ICIS for this half-day seminar as they provide an in-depth overview of the latest developments in the Spanish gas and LNG markets.

Our experts will cover the most important factors affecting the Spanish market and give an outlook for trade flows and key trading hubs across Europe.

Market highlight: UK set for LNG glut as Asian demand falls

Market highlight: UK set for LNG glut as Asian demand falls

A drop in Asian demand has led to a sharp up-tick in LNG cargoes due into Britain in March, and traders expect the trend to continue into the start of the gas summer.

ICIS looks at the drivers behind dwindling Asian demand, the evolution of Britain-Asia price spreads, and how this has created arbitrage opportunities to divert cargoes to Europe.