Europe gas prices exceed $950 for first time since 2022
Gas prices in Europe have exceeded $1,000 per thousand cubic meters for the first time since December 2022.
Consensus
- European gas prices exceeded $950 per thousand cubic meters on September 9.
- Gas prices in Europe rose due to low storage levels and the ongoing conflict in the Middle East.
- Gas storage in the EU was at 66.9% capacity as of the end of gas days on September 6.
- The rate of gas injection into European storage over the past seven days was 24.2% higher than the five-year average.
- The European Union's total gas storage capacity is 109 billion cubic meters.
- Europe is the largest importer of liquefied natural gas (LNG) on the global market.
Points of divergence
- The price of the October futures contract at the TTF hub in the Netherlands reached approximately $950.3 per thousand cubic meters, or 78.925 euros per MWh. — vesti
- The average wind power generation in September 2025 accounted for 19% of regional electricity demand, up from 20% in September 2026. — interfax
- Expected LNG imports to Europe in September 2026 are projected to be 8.1 million tons, a 7% decrease compared to the previous year. — interfax
Coverage (16 sources)
- Gas reserves in Europe's underground storage facilities rose to 68.66% — Интерфакс
- Gas reserves in Europe's underground storage facilities are filled to 68.49% — Интерфакс
- Gas reserves in Europe's underground storage facilities rose to 68.26% — Интерфакс
- Gas prices in Europe exceeded $1,000 per thousand cubic meters for the first time since December 2022 — Коммерсантъ
- Europe fights gas stockpile lag heading into winter, spot price hits $1015/thousand cubic meters — Интерфакс
- Gas prices in Europe exceeded $1000 for the first time since 2022 — Ведомости
- Gas price on European exchange during trading exceeded $1 000 per 1 thousand cubic meters for the first time since December 2022, witness... — ТАСС (Telegram)
- Gas reserves in Europe's underground storage facilities rose to 68.04% — Интерфакс
- Gas reserves in Europe's underground storage facilities are filled to 67.64% — Интерфакс
- Gas prices in Europe are rising sharply, approaching $1000 per 1000 cubic meters — Вести
- Gas prices in Europe exceeded $950 for the first time since December 2022 — Вести
- EU underground gas storage facilities filled to 66.9%, injection rate above average — Интерфакс
- Gas reserves in Europe's underground storage facilities rose to 66.59% — Интерфакс
- Gas reserves in Europe's underground storage facilities are filled to 65.85% — Интерфакс
- EU underground gas storage filled to 65.63%, injection rate above average — Интерфакс
- Average gas price in Europe in August reached maximum since 2022 — Вести