Dutch TTF gas futures amounted to ***** euros per megawatt hour on June 2, 2025 for contracts with delivery in July 2025. Figures decreased compared to the previous week, but were higher than they had been a year prior. Dutch TTF is seen as a Europe-wide natural gas price benchmark.
Europe more reliant on imports
The Groningen gas field is the largest gas field in Europe and the major natural gas source in the Netherlands. In 2014, the first earthquake related to drilling the field occurred, and other seismic activities were also observed. Therefore, the Groningen field has drastically reduced its production output. Since then, natural gas production in the Netherlands has been in a trend of continuous decline. To balance the diminished domestic production, the European market relies on liquefied natural gas imports and pipeline inflow.
LNG pricing across European regions
The European gas market exhibits regional variations, as evidenced by LNG prices in different parts of the continent. The Southwest Europe LNG price is generally slightly higher than LNG prices in Northwest Europe. The latter reached around ** U.S. dollars per million British thermal units in June 2025.
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.
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Intercontinental Exchange. (June 3, 2025). Dutch TTF gas futures at the beginning of each week from January 30, 2023 to June 2, 2025 (in euros per megawatt hour) [Graph]. In Statista. Retrieved June 06, 2025, from https://www.statista.com/statistics/1267202/weekly-dutch-ttf-gas-futures/
Intercontinental Exchange. "Dutch TTF gas futures at the beginning of each week from January 30, 2023 to June 2, 2025 (in euros per megawatt hour) ." Chart. June 3, 2025. Statista. Accessed June 06, 2025. https://www.statista.com/statistics/1267202/weekly-dutch-ttf-gas-futures/
Intercontinental Exchange. (2025). Dutch TTF gas futures at the beginning of each week from January 30, 2023 to June 2, 2025 (in euros per megawatt hour) . Statista. Statista Inc.. Accessed: June 06, 2025. https://www.statista.com/statistics/1267202/weekly-dutch-ttf-gas-futures/
Intercontinental Exchange. "Dutch Ttf Gas Futures at The Beginning of Each Week from January 30, 2023 to June 2, 2025 (in Euros per Megawatt Hour) ." Statista, Statista Inc., 3 Jun 2025, https://www.statista.com/statistics/1267202/weekly-dutch-ttf-gas-futures/
Intercontinental Exchange, Dutch TTF gas futures at the beginning of each week from January 30, 2023 to June 2, 2025 (in euros per megawatt hour) Statista, https://www.statista.com/statistics/1267202/weekly-dutch-ttf-gas-futures/ (last visited June 06, 2025)
Dutch TTF gas futures at the beginning of each week from January 30, 2023 to June 2, 2025 (in euros per megawatt hour) [Graph], Intercontinental Exchange, June 3, 2025. [Online]. Available: https://www.statista.com/statistics/1267202/weekly-dutch-ttf-gas-futures/
