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How much will European natural gas prices increase by end of 2024?
3
Resolution / Starting Odds
Below 10% • 33%
10% to 30% • 34%
Above 30% • 33%
Natural gas price indices such as the Dutch TTF Gas Futures
Story
Uniper Terminates Russian Gas Contracts, Awarded €13 Billion as Natural Gas Prices Jump
Jun 12, 2024, 09:00 AM
Germany's Uniper has terminated its long-term gas supply contracts with Russia's Gazprom Export following an arbitration tribunal ruling. The tribunal awarded Uniper over €13 billion ($14 billion) in damages for gas volumes not supplied since mid-2022. No gas has been delivered since the end of August 2022, but the contracts remained in place until now. The ruling gave Uniper the right to terminate the contracts and has caused European natural gas prices to jump.
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Similar markets
July 2024 • 25%
August 2024 • 25%
September 2024 • 25%
Q4 2024 • 25%
Increase by 0-5% • 33%
Increase by 5-10% • 33%
Increase by more than 10% • 34%
Significant increase • 33%
Moderate increase • 33%
No significant change • 34%
Less than 10% • 25%
10% to 15% • 25%
15% to 20% • 25%
More than 20% • 25%
Less than 10% • 25%
10% to 14% • 25%
15% to 19% • 25%
20% or more • 25%
$3 - $3.5 per mBtu • 33%
$3.5 - $4 per mBtu • 33%
Above $4 per mBtu • 33%
Yes • 50%
No • 50%
Less than 5% • 33%
5% to 10% • 33%
More than 10% • 33%