UK: NBP natural gas prices 2024

The UK National Balancing Point futures, also known as NBP, stood at 75 British pence per therm on July 8, 2024 for contracts with delivery in August 2024. Figures decreased in July due to lower heating demand outlooks.

The UK NBP is considered one of the important international natural gas price benchmarks, similar to the Dutch TTF.

Weekly United Kingdom National Balancing Point (NBP) natural gas futures from January 2, 2023 to July 8, 2024 (in British pence per therm)

Characteristic	Natural gas futures in British pence per therm
Jul 8, '24	75
Jul 1, '24	78.3
Jun 24, '24	79.69
Jun 17, '24	80.52
Jun 10, '24	81.32
Jun 3, '24	87.12
May 27, '24	81.9
May 20, '24	76.7
May 13, '24	71.54
May 6, '24	74.47
Apr 29, '24	68.28
Apr 22, '24	73.99
Apr 15, '24	77.5
Apr 8, '24	69.71
Apr 2, '24	68.05
Mar 25, '24	73.41
Mar 18, '24	73.26
Mar 11, '24	62.37
Mar 4, '24	67.36
Feb 26, '24	59.3
Feb 19, '24	57.93
Feb 12, '24	62.65
Feb 5, '24	69.33
Jan 29, '24	69.48
Jan 22, '24	66.91
Jan 15, '24	74.12
Jan 8, '24	78.76
Jan 2, '24	76.27
Dec 26, '23	86.44
Dec 18, '23	88.74
Dec 11, '23	90.18
Dec 4, '23	100.76
Nov 27, '23	116.03
Nov 20, '23	122
Nov 13, '23	127.92
Nov 6, '23	121.45
Oct 30, '23	144.94
Oct 23, '23	152.07
Oct 16, '23	142.06
Oct 9, '23	129.35
Oct 2, '23	121.63
Sep 25, '23	138.64
Sep 18, '23	133.9
Sep 11, '23	136.34
Sep 4, '23	136.14
Aug 28, '23	138.76
Aug 21, '23	154
Aug 14, '23	138.13
Aug 7, '23	130.79
Jul 31, '23	134.88
Jul 24, '23	143.9
Jul 17, '23	128.4
Jul 10, '23	139.77
Jul 3, '23	140.05
Jun 26, '23	139.92
Jun 19, '23	140.82
Jun 12, '23	130.3
Jun 5, '23	122.42
May 29, '23	122.38
May 22, '23	138.68
May 15, '23	139.4
May 8, '23	154.64
May 1, '23	158.35
Apr 24, '23	153.26
Apr 17, '23	157.55
Apr 10, '23	157.62
Apr 3, '23	174.53
Mar 27, '23	141.19
Mar 20, '23	132.7
Mar 13, '23	157.52
Mar 6, '23	146.74
Feb 27, '23	152.8
Feb 20, '23	159.63
Feb 13, '23	167.17
Feb 6, '23	184.82
Jan 30, '23	179.85
Jan 23, '23	205.09
Jan 16, '23	180.55
Jan 9, '23	224.08
Jan 2, '23	232.77

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Release date

July 2024

More information

Region

United Kingdom

Survey time period

January 2, 2023 to July 8, 2024

Special properties

Futures at the beginning of each week.

Supplementary notes

Prices are for contracts with delivery in January 2024 for all figures prior to December 26, 2023. The following figures show prices for front-month delivery. Figures were rounded.
One therm = 29,3071 kilowatt hours.

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