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MONTHLY · IMF

European natural gas

25.49 $/MMBtu +21.85% month

The wholesale price of natural gas in Europe, set at the Dutch TTF hub where the continent's pipeline and LNG supplies are traded. Household heating bills, power prices and fertiliser costs across the EU follow it.

Sep 2026 · 25.494000 $/MMBtu · +99.9% vs the window’s open

IMF · monthly
the numbers24
whenvaluechange
Oct 202412.755000 $/MMBtu
Nov 202413.811000 $/MMBtu+8.3%
Dec 202413.757000 $/MMBtu−0.4%
Jan 202514.759096 $/MMBtu+7.3%
Feb 202515.376383 $/MMBtu+4.2%
Mar 202513.156010 $/MMBtu−14.4%
Apr 202511.571957 $/MMBtu−12.0%
May 202511.623797 $/MMBtu+0.4%
Jun 202512.300587 $/MMBtu+5.8%
Jul 202511.470646 $/MMBtu−6.7%
Aug 202510.975232 $/MMBtu−4.3%
Sep 202511.003000 $/MMBtu+0.3%
Oct 202510.897000 $/MMBtu−1.0%
Nov 202510.355000 $/MMBtu−5.0%
Dec 2025low9.460000 $/MMBtu−8.6%
Jan 202611.987000 $/MMBtu+26.7%
Feb 202611.190000 $/MMBtu−6.6%
Mar 202617.670000 $/MMBtu+57.9%
Apr 202615.393000 $/MMBtu−12.9%
May 202616.153000 $/MMBtu+4.9%
Jun 202615.092000 $/MMBtu−6.6%
Jul 202617.930000 $/MMBtu+18.8%
Aug 202620.922000 $/MMBtu+16.7%
Sep 2026latest25.494000 $/MMBtu+21.9%

Lately

IRGC mines and tanker strikes threaten ship traffic through the Strait of Hormuz, cutting Europe off from Qatar's gas: one tanker made a rare Red Sea journey to Poland, and QatarEnergy agreed to buy US LNG through 2054 to keep its customer contracts. In Britain, gas explains £161 of a £180 rise in bills.

  1. Qatar Buys US Gas
  2. Qatar Routes Gas Via Red Sea
  3. Gas Drives UK Bills
  4. European Gas Tops $1,000