These are the countries with the world's highest natural gas prices; Singapore is on the list!

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Annissa Mutia 06/12/2022 17:10 WIB

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Eight out of the ten countries with the highest natural gas tariffs globally are in Europe, with the Netherlands topping the list.

List of Countries with the Highest Natural Gas Prices in the World 2022

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These are the countries with the world's highest natural gas prices; Singapore is on the list!

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List of Countries with the Highest Natural Gas Prices in the World 2022

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The Russia-Ukraine war is one of the triggers of global energy inflation and has driven up the cost of living worldwide. Compared to the 2021 average, natural gas prices in Europe have increased sixfold.

Eight out of ten countries with the highest global natural gas tariffs are in Europe, with the Netherlands topping the list. According to *Global Petrol Prices*, the natural gas tariff in the Netherlands reached US$0.427, or approximately Rp6,668 per kilowatt-hour (kWh).

The next most expensive countries for natural gas are Sweden, Germany, and Denmark. Natural gas prices in these countries are US$0.250, US$0.220, and US$0.199 respectively.

Outside Europe, Brazil has the fifth-highest global natural gas price, despite producing about half of its domestic supply. The high cost of cooking gas presents a significant challenge for low-income families, becoming a major political issue ahead of the October presidential election.

Meanwhile, Singapore has the highest natural gas price in Asia because the majority is imported via tankers or pipelines, making the country vulnerable to price shocks.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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These are the countries with the world's highest natural gas prices; Singapore is on the list!

These are the countries with the world's highest natural gas prices; Singapore is on the list!

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These are the countries with the world's highest natural gas prices; Singapore is on the list!

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