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European Gas Prices Hit €90 per Megawatt Hour for the First Time Since 2022

Summary by sofokleous10.gr
European natural gas prices have reached €90 per megawatt hour, hitting their highest level since December 2022. Limited supplies of liquefied natural gas (LNG) from the Persian Gulf are making it harder for the European Union to replenish its reserves by sofokleous10..gr

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Greek households are facing more expensive electricity and heating for those who use natural gas boilers, as a result of the long-term rally in natural gas, which is close to 90 euros/MWh. That is, at the highest levels since December 2022, when the previous energy crisis was in full swing. The appreciation reaches Greece through two routes: it raises the cost of electricity generation and, by extension, electricity tariffs and presses on the ch…

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Natural gas prices in Europe have reached their highest levels in recent years due to the war in West Asia and concerns about supply security. Although news of a possible diplomatic solution has lowered prices, low storage capacities and uncertainty in LNG supply continue to put pressure on the markets.

·Istanbul, Türkiye
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The reference prices of natural gas in Europe reached a new maximum on Wednesday, reaching the highest level in the last three years, on the basis of the blockade of maritime transport through the Strait of Ormuz and the low level of reserves before the cold season. The price of gas on the European market continued to grow steadily and reached ...

·Romania
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European gas prices continue to climb in the autumn. The International Energy Agency warns that there is no relaxation in sight.

·Berlin, Germany
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The spot price of gas in Europe during the October 20 trade exceeded $1,050 per thousand cubic metres, as shown by the analysis of the main trade habes in Europe.

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Algemeen Dagblad broke the news in Rotterdam, Netherlands (Kingdom of the) on Saturday, October 17, 2026.
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