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Natural gas prices for household consumers in Italy H2 2012-H1 2019

After peaking at 6.26 euro cents in the second semester of 2014, the household price of natural gas remained below six euro cents per kilowatt-hour until the first half of 2018. In the second semester of 2018, it peaked at 6.21 euro cents per kilowatt-hour. This was mainly due to the increase in the international price of natural gas. Italy, in fact, relies mostly on gas imports to cover its energy demand.

Italy’s dependence on gas imports

While there are some offshore reserves of natural gas in the sea space, they are underutilized. The domestic production in 2018 was 3.4 billion cubic meters, half of which came from the Southern region of Basilicata. This leaves Italy heavily dependent on foreign gas. Besides Russia, its main suppliers in 2018 were Algeria and Qatar.

Natural gas taxation among the highest in Europe

Taxation accounted for 35 percent of the household gas price in Italy in the second semester of 2018, decidedly higher than the EU average of 27 percent. The country applies a fuel excise tax differentiated by consumption level. Among the EU-28 countries, Italy was the fifth most expensive country for natural gas. Lower rates were applied to the commercial sector.

Natural gas prices for household consumers in Italy from 2nd half 2012 to 1st half 2019

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Source

Release date

November 2019

Region

Italy

Survey time period

H2 2012 to H1 2019

Supplementary notes

Prices excluding taxes and levies.
Band D2: 20 GJ < Consumption < 200 GJ.

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* Prices do not include sales tax.

Statistics on "Natural gas energy in Italy"

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