Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Global natural gas energy prices by region 2017-2030

Natural gas prices in Europe and Japan spiked in 2018, reaching 7.7 U.S. dollars per million British thermal unit (Btu) and 10.7 U.S. dollars per Btu, respectively. Spot prices for liquefied natural gas (LNG) in Asia have increased partially due to increases in U.S. LNG exports and additional new capacity from Australia and Qatar. Unexpectedly cold winters or warm summers may also drive price spikes as well as variance in supply. In the near future, increase in LNG capacity is expected to alter the composition of natural gas markets which have been mostly linked to oil prices in the past. Increased long-distance gas trade through the expansion of LNG tankers will also reduce price differences between regions. Natural gas prices depend on a range of supply and demand conditions like geopolitical circumstances, national energy sources, network costs, and tax levels.

Natural gas prices

Switzerland has one of the highest industrial natural gas prices in the world at 73.5 U.S. dollars per megawatts in comparison to the United States with an industrial gas price of 13.9 U.S. dollars per megawatt hour. Residential prices for natural gas are generally much higher at about 35 U.S. dollars per megawatt hour in the United States. In North America gas pricing is largely driven by trading at the Henry Hub, a distribution hub on the natural gas pipeline system in Louisiana. The European market is heavily influenced by the North European market, and hub pricing tends to be similar to oil prices.

Natural gas prices in selected markets from 2017 to 2030 (in nominal U.S. dollars per million British thermal units)*

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% discount until March 31st
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

April 2020

Region

Worldwide

Survey time period

2017 to 2019

Supplementary notes

* The figures from 2020 to 2030 are projections; the figures prior to 2012 are already accurate.
Figures were accumulated from several editions of the report.

Open this statistic in...
Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Global natural gas industry"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.