Natural Gas Price Trends
Procurement Resource provides latest prices of Natural Gas. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Natural Gas for several regions around the globe, which are as follows:
- North America
- South America
- Asia Pacific
- Middle East
About Natural Gas:
Natural Gas, a fossil energy source formed deep beneath the earth's surface, is a mixture of several compounds and/or gases. It is primarily composed of hydrocarbon elements while its largest component is methane. It is a non-renewable hydrocarbon, which is utilised as an energy source for various purposes including cooking, heating, and electricity generation. It serves as an important chemical feedstock in the production of commercially important organic chemicals and is further used as a fuel for vehicles. Crude form of Natural Gas is often referred to as wet natural gas because, along with methane, it contains NGLs (natural gas liquids), and water vapour.
- Plastics and glass
- Chemical feedstock
- Power generation
- Animal and fish feed
- Production of Natural Gas via Processing and Separation
In order to produce consumer-grade, or pipeline quality natural gas, the crude natural gas (wet gas) obtained from oil wells is sent to a processing plant to remove water vapour and nonhydrocarbon compounds like sulphur, helium, carbon dioxide, etc. After the removal of these impurities, NGLs are also separated from the wet gas, and the processed Natural Gas is sent through pipelines for distribution after the addition of odorants.
- Gazprom PAO
- Royal Dutch Shell Plc
- Exxon Mobil Corporation
- Total SA
- PetroChina Company Limited
- BP Plc
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Procurement Resource tracks Natural Gas prices for more than 150 countries across the globe.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).