European Spot Gas Markets

The Benchmark Report for European Natural Gas

European Spot Gas Markets

ICIS is the expert provider of pricing and market information across the European natural gas market.

With two decades of expertise in price reporting for Natural Gas, ICIS is one of the most widely traded and referenced prices across the European spot gas market. The ICIS European Spot Gas Markets report provides you with the latest prices, news and expert analysis on the current day's trading.

We publish independent price assessments and Heren indices for the British NBP, Dutch TTF, German NCG and GASPOOL, Belgian Zeebrugge and ZTP, French PEG Nord and TRS, Italian PSV, Austrian VTP, Czech VTP, Spanish PVB, Slovak VTP and Turkey.


Key features

  • Quote proprietary indices, which are used as benchmarks across the industry
  • British and Dutch assessments published in €/MWh and $/MMBtu to allow easy comparisons to other key gas markets
  • View intra-day price assessments for the British NBP, Dutch TTF and German NCG (day-ahead and front month)
  • Volatility indices for all key assessed prices at the NBP, TTF, NCG, GASPOOL and PSV
  • Access latest analysis on gas market developments, trades, price trends and far reaching forward curves.
  • Read latest news stories, expert commentary and analysis from ICIS gas markets experts
  • Euro LNG Cargo Tracker – a daily summary of European cargo arrivals and real-time updates with commentary from market specialists

Supporting your business

  • Use ICIS benchmark prices to navigate markets and settle contracts.
  • Traders and procurement managers: Use ICIS independent price benchmarks to embed into contracts and strengthen your positions in price negotiations, and deals.
  • Analysts and Risk Managers: Analyse supply and demand dynamics and support your risk management strategy.
  • Senior level executives and Managing Directors: Access gas market insights to stay on top of the latest developments.

Why ICIS?

  • ✔ Most widely used gas price benchmark provider for Europe.
  • ✔ Longest history of proprietary European gas market prices.
  • ✔ Large specialised reporting team

Increase in volume of traded natural gas across European hubs boots liquidity

Increase in volume of traded natural gas across European hubs boots liquidity

The volume of natural gas traded during the first quarter of 2018 increased in the major European markets compared with the same period a year before, with a rise in curve activity boosting liquidity.

The April 2018 issue of the European Gas Hub Report gives you an update on the European landscape, with in-depth coverage of prices, liquidity data, trade volumes and developments across 22 gas hubs. Download the summary.

ICIS IPI 2017 Q4 / 2018 Q1 Analysis: UK wholesale energy price rise puts pressure on household bills

ICIS IPI 2017 Q4 / 2018 Q1 Analysis: UK wholesale energy price rise puts pressure on household bills

UK wholesale energy prices hit four-year highs on the forward products most regularly traded by energy companies during the winter, the ICIS Power Index reveals, as number of supply problems combined with the ‘Beast from the East’, increasing fundamental risk in the traded markets

Britain’s Gas Tariff Overhaul

Britain’s Gas Tariff Overhaul

The British wholesale natural gas market is undergoing an overhaul of the tariff system which governs the cost of bringing gas into and out of the network. These changes will influence competition between supply, the efficiency of network investment, cross-border trade and security of supply.

ICIS discusses the current charging process, the reasons why the industry have proposed an overhaul, and how the changes could potentially impact supply patterns across Europe.

Weak UK Renewable Heat Policy Keeps Gas Demand Buoyant

Weak UK Renewable Heat Policy Keeps Gas Demand Buoyant

The UK’s approach to renewable heat targets means gas is likely to remain the cornerstone of residential and commercial heating demand for the next decade and beyond.

This market insight by senior reporter, Henry Evans, explores how the government’s attempts to meet EU targets for renewal electricity has overshadowed renewable and transport targets.

How temperature within the UK and France has an effect on energy demand

How temperature within the UK and France has an effect on energy demand

ICIS analysis has found that an average daily temperature of below 9°C in the UK and France is the tipping point as to where wholesale power and gas prices have started to rise over the last three years.

This infographic shows how cooler temperatures impact energy demand in the UK and France, and the effect they have on pricing.

Mounting uncertainty over French nuclear supply

Mounting uncertainty over French nuclear supply

France's nuclear fleets have been scrutinised by regulators this year and last over safety issues. Initial schedules to bring the plants back online have not been kept to as shown in this latest infographic by ICIS.

Access the ESGM report via the ICIS dashboard, for a single view of prices, market news, alerts and historical pricing data.

Get a fully customisable view of the markets and prices you are most interested in.

  • Download your ICIS energy reports
  • View prices, indices and historical data
  • Read breaking news and market updates
  • Export data and charts to integrate into your work

ICIS Dashboard European Spot Gas Markets

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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.