13:46 29 November 2025
Double-edged sword: natural gas prices lowest in 18 months
Natural gas prices in Europe have dropped to their lowest level in 18 months – below 30 EUR/MWh on the TTF exchange – thanks to strong LNG supplies, high storage levels, and a calmer market now that Russia no longer influences deliveries. Analysts note that speculative funds are increasing short positions, expecting further declines. However, a more troubling factor is weak demand – especially in Germany, which consumes over four times more gas than Poland.
German industry is using significantly less gas, with demand down about 20 percent from the start of the decade. The International Energy Agency forecasts a 10 percent drop in OECD gas demand by 2030 – signaling that Europe may have already passed peak consumption.
(wnp.pl)
