Various-Europe/Natural Gas Prices
Various-Europe/Natural Gas Prices
Dateline : Sept 2-3, 2026/File
Location : Various
Duration : 1'23
Beijing, China - Sept 3, 2026 (CCTV - No access Chinese mainland)
1. Screenshot of chart showing changes of Dutch TTF natural gas futures price in past two years
FILE: Vienna, Austria - Nov 22, 2024 (CGTN - No access Chinese mainland)
2. Various of plant of Gas Connect Austria, facilities
FILE: Helsinki, Finland - 2022 (CGTN - No access Chinese mainland)
3. Various of truck moving on road, gas flare
4. Storage facilities
FILE: London, UK - 2025 (CCTV - No access Chinese mainland)
5. Various of burning gas stove
6. Energy meter
7. Various of resident inserting plug, turning on heater
FILE: Berlin, Germany - 2025 (CCTV - No access Chinese mainland)
8. Various of heater
FILE: Athens, Greece - Sept 8-9, 2022 (CGTN - No access Chinese mainland)
9. Aerial shots of LNG tanker ships, gas storage facilities
Ongoing tensions in the Middle East pushed the natural gas futures prices at the Dutch Title Transfer Facility (TTF), the benchmark for European gas prices, to over 75 euros per megawatt-hour during Wednesday's trading, a new high since 2023.
This price has more than doubled from the approximately 32-euro level seen before the outbreak of the U.S.-Israeli war with Iran in late February.
According to recent reports from the United Kingdom, EU natural gas reserves stood at only 63 percent in the last week of August, far below the average of about 80 percent for the same period in recent years.
Analysts believe that if tensions in the Middle East persist, energy price volatility will intensify further. In view of the current conditions, EU natural gas reserves are expected to drop to their lowest level since 2013 by the start of the winter heating season.
U.S. forces on Tuesday launched fresh strikes on targets of the Islamic Revolutionary Guard Corps (IRGC) in Iran, marking a renewed escalation in hostilities between Washington and Tehran.
Citing sources, Iran's semi-official Tasnim news agency reported that Iranian military on Tuesday evening launched missiles on U.S. bases in regional countries.
ID : 8497432
Published : 2026-09-03 15:57
Last Modified : 2026-09-03 20:50:14
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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