European gas prices flat after EU ban on Russian LNG imports

Published 24/10/2025, 09:50
© Reuters.

Investing.com -- European gas prices remained flat on Friday after rising in the previous session due to renewed supply concerns.

The benchmark Dutch TTF natural gas contract traded at 32.3 euros in morning trade, showing no change from the previous close.

European futures had risen more than 2% on Thursday after the European Union confirmed it would ban Russian Liquefied Natural Gas (LNG) imports from 2027.

According to ANZ analysts, the sanctions are likely to put additional pressure on the global LNG market.

The EU’s decision represents a significant shift in Europe’s energy policy as the bloc continues to reduce its dependence on Russian energy supplies.

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