On July 5, 2024, the EU LNG benchmark stood at 0.06 euros per megawatt hour. The European Union launched a daily LNG benchmark on March 31, 2023 in order 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 July 5, 2024
(in euros per megawatt hour)
Characteristic
Price in euros per megawatt hour
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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. (July 10, 2024). Weekly EU liquefied natural gas benchmark prices from March 31, 2023 to July 5, 2024 (in euros per megawatt hour) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1396269/weekly-eu-lng-benchmark-prices/
ACER. "Weekly EU liquefied natural gas benchmark prices from March 31, 2023 to July 5, 2024 (in euros per megawatt hour)." Chart. July 10, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1396269/weekly-eu-lng-benchmark-prices/
ACER. (2024). Weekly EU liquefied natural gas benchmark prices from March 31, 2023 to July 5, 2024 (in euros per megawatt hour). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1396269/weekly-eu-lng-benchmark-prices/
ACER. "Weekly Eu Liquefied Natural Gas Benchmark Prices from March 31, 2023 to July 5, 2024 (in Euros per Megawatt Hour)." Statista, Statista Inc., 10 Jul 2024, https://www.statista.com/statistics/1396269/weekly-eu-lng-benchmark-prices/
ACER, Weekly EU liquefied natural gas benchmark prices from March 31, 2023 to July 5, 2024 (in euros per megawatt hour) Statista, https://www.statista.com/statistics/1396269/weekly-eu-lng-benchmark-prices/ (last visited July 22, 2024)
Weekly EU liquefied natural gas benchmark prices from March 31, 2023 to July 5, 2024 (in euros per megawatt hour) [Graph], ACER, July 10, 2024. [Online]. Available: https://www.statista.com/statistics/1396269/weekly-eu-lng-benchmark-prices/