Emanuel Boeminghaus wrote that the European gas price exceeded 90 euros per megawatt-hour for the first time since the end of 2022 on October 20, reaching 90.15 euros at times. According to Gas Infrastructure Europe, Germany's gas storage is 61.15 percent filled, while EU storage is 74.61 percent. Both values are the lowest for this time since data collection began in 2011. At the same time, LNG prices in Asia reached 30.40 dollars per million BTU. Europe is increasingly competing with Asia and Latin America for liquefied natural gas; attacks in the Middle East and the blockade of the Strait of Hormuz are affecting crucial deliveries from Qatar. Experts warned of further price jumps, according to Boeminghaus. However, the German gas importer Sefe continues to evaluate the supply situation as stable. Boeminghaus pointed to significant price risks for consumers and industry, citing information from the Berliner Zeitung dated October 20, 2026, as a source. https://t.co/hyShO1brWz #Gaspreise #Energiekrise #Deutschland (translated)










