European Gas Price Set for 20% Weekly Jump on Qatar’s LNG Outage

Wait 5 sec.

Europe’s benchmark natural gas prices soared this week after Qatar’s key LNG hub sustained extensive damage in Iranian missile attacks, with European gas prices on track for a 20% weekly jump early on Friday as the market braces itself for years of disrupted supply out of the world’s second-largest LNG exporter.    The April 2026 contract of the Dutch TTF Natural Gas Futures slightly eased early on Friday from the surge on Thursday and was trading flat at about $72 (62 euros) per megawatt-hour (MWh) as…