The Wholesale Gas Price Survey 2025 Edition is out now!
For almost 20 years now, we have carefully traced the Gas price formation mechanisms, and their evolution and pattern changes over these past two decades tell a story in numbers, one which is deeply rooted in global energy use shifts and affordability patterns: Europe has almost completely moved away from oil linked prices for its natural gas supplies, meanwhile Asia is still mostly tying its natural gas prices to oil price movements.
Given the escalating conflict in Middle East today, the shutdown of several major natural gas producing fields as well as the complexities related to the safe passage of LNG cargo ships through the region’s straits, efficient global natural gas market functioning and liquidity will remain pivotal to energy security and the functioning of the global energy systems.
