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.

Podcast: ICIS discusses the week's energy news highlights

...Aura Sabadus Joachim Moxon. The Romanian parliament has taken a step towards restricting natural gas trading to a single exchange, raising concerns among... Fri, 26 May 2017

US Targa to build NGL pipeline from Permian Basin to Mont Belvieu hub

...Haydon. HOUSTON (ICIS)--Targa Resources plans to construct a new common carrier natural gas liquids (NGL) pipeline from the Permian Basin to Mont Belveiu,... Thu, 25 May 2017

Competition council president: Romanian gas trade can happen on one bourse

...committee will likely have negative consequences on the upstream natural gas industry and the national and regional security of gas supply in the short-,... Thu, 25 May 2017

E.ON to set up new independent energy trading business

...quarter. In Germany, it will initially be represented at the EPEX SPOT power exchange and PEGAS gas trading platform, with 1 July set as the market go-live... Wed, 24 May 2017

Nigeria LNG Act of 2004 focus of Nigerian Senate wrangle

...would expose it to currency risk of the Nigerian Naira. The country’s National Assembly also plans to make NLNG’s subsidiary, Bonny Gas Transport... Wed, 24 May 2017

Market highlight: Market makers boost Belgian ZTP gas liquidity to record level

Market highlight: Market makers boost Belgian ZTP gas liquidity to record level

Belgium’s secondary natural gas hub – the ZTP – saw its largest over-the-counter traded volume on record in April, with liquidity boosted by the introduction of four new market makers at the start of the month.

ICIS looks at which contracts at the ZTP have seen particularly sharp jumps in traded volume, and how liquidity at the hub has changed since its inception in 2012 as an alternative to the sterling-denominated Zeebrugge Beach.

Market highlight: Pipeline, LNG supply to Europe up in April as gas injections soar

Market highlight: Pipeline, LNG supply to Europe up in April as gas injections soar

Pipeline gas supply to Europe rose by 5% year on year in April 2017 to 26.1 billion cubic metres, according to grid operator data collated by ICIS. This marked the seventh consecutive month of annual growth in piped imports, although the total was down by 4% compared to the month before.

ICIS looks at the key drivers behind the rising pipeline imports, and the changing trends observed in the key producers of Russia, Norway and North Africa. ICIS also examines how LNG supply to Europe has changed during a month which has seen a flurry of vessels berth at northwest European terminals.

Market highlight: Dutch gas options trade suggests market braced for volatility

Dutch gas options trade suggests market braced for volatility

Recent TTF options activity suggests that at least one counterparty is bracing for significant volatility on the Summer ’18 delivery contract, following the Dutch government’s decision to reduce the Groningen production cap by 10% for gas year 2017 (1 October 2017-30 September 2018).

ICIS looks at the fundamental drivers which could generate greater market volatility, and dissects which options trading strategy market participants may be employing.