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 قناة المنار
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قناة المنار

2026-11-11T22:56:14.000Z

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Europe gas prices rise

Europe gas prices rise

Dutch gas futures, the European benchmark, rose 2.4% to €86.78 per megawatt-hour amid uncertainty over the war against Iran and the balance of supply. The war has removed nearly one-fifth of global liquefied natural gas exports from the market, while Europe’s imports are declining and its inventories are falling as the heating season begins, intensifying competition with Asia. Prices in both regions have risen to more than three times their levels at the start of the year. Poland’s Orlen announced that it had terminated a long-term contract with QatarEnergy, citing the inability to deliver cargoes because the conflict had disrupted them.

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