Natural Gas Prices Forecast 2024 Europe. In this first edition of the gas quarterly for 2024 we review the developments during winter 2023/24 on the european gas market and global lng market and draw conclusions about the. Ttf gas increased 16.13 eur/mwh or 49.87% since the beginning of 2024, according to trading on a contract for difference (cfd) that tracks the benchmark market for this commodity.

We forecast increases in natural gas prices as demand for natural gas grows faster than supply in 2024. The increased 2024 and 2026 assumptions for european ttf reflect our view that gas prices are likely to remain relatively high in the medium term as large increases in global.