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 prices

TTF Day-ahead Natural Gas Price Assessment

The Dutch TTF Day-ahead natural gas price is trading at lows not seen for a number of years

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

    Related products – You might also be interested in the information we publish on these 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.

US ethane to double by '19, squeezing margins – Cowen

...upstream integrated oil, gas and chemical majors might stand to have chemicals losses offset by higher natural gas liquid (NGL) prices. According to Cowen,... Fri, 17 Feb 2017

Podcast: ICIS discusses the week's energy news highlights

...Podcast: ICIS discusses the week's energy news highlights. Thomas Rodgers Ben Lee. British natural gas shippers will be unable to inject into Rough until... Fri, 17 Feb 2017

Germany’s gas storage capacity market at turning point

...storage with delivery at the Dutch TTF natural gas hub for wholesaler GasTerra. ICE also currently offers capacity for the German Innogy Gas Storage for... Fri, 17 Feb 2017

Updated: Injections at British Rough delayed until 30 June at least

...The British NBP front summer-winter spread has widened after Centrica Storage announced that Britain’s largest natural gas storage facility Rough will... Thu, 16 Feb 2017

Portugal prepares for record sixth LNG cargo in February

...probably already slightly exceeded the previous record imports of 3.16 billion cubic metres of natural gas, which equates to around 530,000cbm of LNG. Even... Thu, 16 Feb 2017

Market highlight: Algerian gas flow surge to Italy eats into northern imports

Market highlight: Algerian gas flow surge to Italy eats into northern imports

Multiple market sources said they expect the amount of gas coming from north Europe via Switzerland into Italy to be lower for the rest of 2017 compared to 2016, if gas coming from Algeria remains high.

ICIS looks at the impact of the high Algerian imports on the Italian market and its impact on the Italian PSV-Dutch TTF price spread.

Market highlight: Brexit may impact UK-EU gas tariffs, premiums - sources

Market highlight: Brexit may impact UK-EU gas tariffs, premiums - sources

Changes to the way gas transmission tariffs are set as a result of Britain’s exit from the EU, as well as continued currency volatility, could impact the price differential between the British NBP and the Dutch TTF market, although market sources are mixed about the extent of this.

ICIS looks at the motivations behind imposing these tariffs, and the impact they may have on gas prices both sides of the English channel.

Market highlight: NBP options trading hints at weakening market sentiment

Market highlight: NBP options trading hints at weakening market sentiment

In the latest market highlight from ICIS, we take a look at how recent options trading at the British NBP may suggest a weakening in market sentiment ahead of the summer-delivery period.