On September 13, 2024, the EU LNG benchmark stood at negative 0.57 euros per megawatt hour. The European Union launched a daily LNG benchmark on March 31, 2023 to increase transparency regarding fuel prices. It is set relative to the Dutch TTF gas hub price, which was lower than anticipated in the winter of 2023/24 due to uncommonly warm weather and thus cut down gas demand at the end of 2023.
Weekly EU liquefied natural gas benchmark prices from March 31, 2023 to September 13, 2024
(in euros per megawatt hour)
LNG benchmark is determined by the spread between the daily LNG price assessment for the DES LNG Spot EU and the settlement price for the TTF Gas Futures front-month contract
Supplementary notes
Figures as of end of each week, except in the case of a public holiday and other interruptions in the data series.
Figures were rounded.
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ACER. (September 16, 2024). Weekly EU liquefied natural gas benchmark prices from March 31, 2023 to September 13, 2024 (in euros per megawatt hour) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396269/weekly-eu-lng-benchmark-prices/
ACER. "Weekly EU liquefied natural gas benchmark prices from March 31, 2023 to September 13, 2024 (in euros per megawatt hour)." Chart. September 16, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396269/weekly-eu-lng-benchmark-prices/
ACER. (2024). Weekly EU liquefied natural gas benchmark prices from March 31, 2023 to September 13, 2024 (in euros per megawatt hour). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396269/weekly-eu-lng-benchmark-prices/
ACER. "Weekly Eu Liquefied Natural Gas Benchmark Prices from March 31, 2023 to September 13, 2024 (in Euros per Megawatt Hour)." Statista, Statista Inc., 16 Sep 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396269/weekly-eu-lng-benchmark-prices/
ACER, Weekly EU liquefied natural gas benchmark prices from March 31, 2023 to September 13, 2024 (in euros per megawatt hour) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396269/weekly-eu-lng-benchmark-prices/ (last visited November 10, 2024)
Weekly EU liquefied natural gas benchmark prices from March 31, 2023 to September 13, 2024 (in euros per megawatt hour) [Graph], ACER, September 16, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1396269/weekly-eu-lng-benchmark-prices/
