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 Q4 2017

Fundamentals in the European wholesale natural gas market during the fourth quarter of 2017 will be structurally different from previous winters, which could lead to price volatility at the traded hubs. Britain will be without flexible supply from its now defunct Rough unit, which previously had accounted for around 70% of the country’s storage capacity. Only around 5 million cubic metres (mcm)/day will be withdrawn from the facility as its operator empties the site, a far-cry from the 42mcm/day it used to provide to the market. In the Netherlands, the annual production cap at the major Groningen field will be tightened again, to 21.6 billion cubic metres (bcm), having previously been 24.0bcm. This will reduce the export potential of the Netherlands, meaning surrounding markets will need to import more from elsewhere. Russian supply is likely to fill much of this void. Over the summer exporter Gazprom was given approval to increase its usage of a key German transit pipeline, which has allowed the company to increase its throughput along the Nord Stream pipeline, which runs under the Baltic Sea. It is likely flows through this pipe will ramp higher over the winter to meet rising demand in northwestern and central European markets.

Storage units across Europe start the winter season ten percentage points emptier than a year earlier. Should there be a severe cold snap during the fourth quarter of 2017 and reserves are drawn upon earlier than usual this is likely to boost prices for Q1 ’18 delivery, as this period will be exposed to the risk of tighter-than-usual supply margins.

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.

INTERACTIVE: US supply growth to dominate 2018 oil markets, outstrip Saudi Arabia - IEA

LONDON (ICIS)--North America continues to strengthen as a player in the global crude oil markets, with US supply beating all expectations in 2017 and... Fri, 19 Jan 2018

US supply growth to dominate 2018 oil markets, outstrip Saudi Arabia - IEA

LONDON (ICIS)--North America continues to strengthen as a player in the global crude oil markets, with US supply beating all expectations in 2017 and... Fri, 19 Jan 2018

Western petchem progress slow in Iran despite promise, US casts a shadow

LONDON (ICIS)--Progress by western businesses into Iran has been slow despite the promise the resource-rich country offers for petrochemicals... Wed, 17 Jan 2018

Sri Lankan government to open Swiss Challenge on LNG terminal

South Korean gas and power company SK E&S has approached the government of Sri Lanka with a proposal to build the country’s first LNG import... Wed, 17 Jan 2018

$70 oil to speed up decisions to add new PE plants – analyst

HOUSTON (ICIS)--Rising oil prices will increase returns on new polyethylene (PE)  plants in the US, which will cause companies to spend less time in... Tue, 16 Jan 2018

China Natural Gas Annual Report

China Natural Gas Annual Report

Identity and assess investment opportunities with the 2017-2018 version of the ICIS China Natural Gas Annual Report.

With the upcoming version of the ICIS China Natural Gas Annual Report, you are guaranteed the most accurate data and insights needed to identify and assess investment opportunities in China, by gaining access to a 2017 market overview, as well as a supply and demand forecast for 2018–2022.

China Gas and LNG Webinar

China Gas and LNG Webinar

ICIS will be hosting a webinar to address China’s role in the broader LNG market as well as examining the opaque link between China’s LNG imports and pricing in the domestic market. In addition, the session will provide an insight into how LNG and gas pipeline infrastructure is developing and which companies are becoming more important in this growing market.

Gas market highlight: Zeebrugge-NBP basis gas trade recovers after barren July

Gas market highlight: Zeebrugge-NBP basis gas trade recovers after barren July

Trading of the spread between Belgian Zeebrugge and British NBP Day-ahead natural gas contracts - known as the basis - has shown signs of recovery at the start of August after being at historic lows during July, data shows.

ICIS market reporter, Alex Thackrah, looks at the key pricing and fundamental factors which have shaped trading of the basis in the past few weeks, and analyses why this summer’s trading patterns are so different to previous years.