Prices averaged USD 11.23 per one million British thermal units (MMBtu) in August, up 17.7% from July’s price but 84.3% lower year on year. This was largely due to potential strikes in top LNG exporter Australia and outages in top producer Norway. On 31 August, the spot price was USD 11.14 per MMBtu, 21.5% higher month on month.
This chart displays Natural Gas EU (US$/MMBtu) from 2021 to 2023.
European TTF Natural Gas (prices in US$/MMBtu, aop)
| Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | |
|---|---|---|---|---|---|---|---|---|
| European TTF Natural Gas | - | - | 16.9 | 31.4 | 31.5 | 32.0 | 60.5 | 36.9 |