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Natural gas prices in Europe decline to lowest level

[18/08/2025 05:28]

BRUSSELS-SABA
European natural gas prices fell during trading today, Monday, approaching their lowest level since the beginning of the year, ahead of the meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky, to discuss a peace agreement with Russia.

Dutch natural gas futures for September delivery dropped by 0.65 percent to 31.240 euros per megawatt/hour, after touching 30.30 euros.

Norway, one of the largest gas suppliers in Europe, announced an unscheduled outage at the Hammerfest liquefied natural gas export plant over the weekend, which could put pressure on prices if it lasts for a long time, according to the economic agency Bloomberg.