# European Natural Gas Prices Surge as Winter Blast Stokes Demand

> European natural gas benchmark futures jumped for a third session, rising as much as 6.5% as an unusually cold blast spread across northern Europe. Storage fell to about 90% full from almost 96% in mid-November, and Norwegian facility outages added pressure. Europe is importing record volumes of LNG as Russian pipeline flows stay low.

- Date: 2022-12-08 · published 2022-12-08T12:00:00.000Z
- Category: weather · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/11510-european-natural-gas-prices-surge-as-winter-blast-stokes-demand
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Cold-driven heating demand combined with low storage and reduced pipeline supply tightens European gas balances and supports higher prices. Europe's record LNG imports keep global LNG demand strong, which supports gas prices worldwide.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-10-25 | [Natural Gas Surges as U.S. Forecasts Stoke Winter Supply Jitters](https://feedsoft.ai/events/11756-natural-gas-surges-as-u-s-forecasts-stoke-winter-supply-jitters.md) | +5.2% | -4.0% |
| NATGAS | 2023-10-26 | [Winter Blast Seen Stoking Huge Natural Gas Price Gains for November Bidweek](https://feedsoft.ai/events/33806-winter-blast-seen-stoking-huge-natural-gas-price-gains-for-november-bidweek.md) | +13.8% | -4.3% |
| NATGAS | 2026-01-22 | [Natural gas prices soar more than 60% as winter storm approaches](https://feedsoft.ai/events/6507-natural-gas-prices-soar-more-than-60-as-winter-storm-approaches.md) | +69.8% | -38.1% |
| NATGAS | 2021-10-25 | [U.S. natural gas prices soar 10% as cold winter forecasts develop](https://feedsoft.ai/events/11757-u-s-natural-gas-prices-soar-10-as-cold-winter-forecasts-develop.md) | +5.2% | -4.0% |
| NATGAS | 2026-01-23 | [Natural-Gas Prices Soar as U.S. Braces for Arctic Blast - WSJ](https://feedsoft.ai/events/4760-natural-gas-prices-soar-as-u-s-braces-for-arctic-blast-wsj.md) | -2.8% | -52.5% |

## Sources

- energyconnects.com: https://www.energyconnects.com/news/utilities/2022/december/european-natural-gas-prices-surge-as-winter-blast-stokes-demand/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.