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Iran-Krieg: Gaspreis steigt auf den höchsten Stand seit Ende 2022

Die Gasspeicher in Europa sind deutlich leerer als im Schnitt der vergangenen Jahre. Zudem steht Europa mit Asien im Wettbewerb um LNG‑Lieferungen. Eine Entspannung ist nicht abzusehen.

Iran-Krieg: Gaspreis steigt auf den höchsten Stand seit Ende 2022

In Europe, the price of natural gas has reached its highest level since late 2022. The leading natural gas forward contract TTF for monthly delivery hit 85.95 Euros per megawatt-hour on the Amsterdam exchange on Tuesday. The prices are driven by low storage levels; European storage is at around 74% capacity, significantly below the five-year average of about 89%. In Germany, the fill rate is just 60%.

Typically, storage gas covers 25 to 30% of EU gas consumption in winter, making the EU highly dependent on pipeline deliveries and liquefied natural gas (LNG) from Norway and the United States. Any supply disruption could lead to further price spikes. As competition mounts among Asia for LNG supplies, prices are likely to remain high.

The number of LNG tankers transiting through the Hormuz Strait has soared to its highest level since the start of the Iran war. However, this still represents only about 20% of the number of LNG tankers that passed through the strait before the Iran war, according to Commerzbank experts last week. The transits are relatively low compared to oil.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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