2022 Wholesale Price Report

The report series is unique source of information on global trends in gas price formation mechanisms and wholesale gas prices around the world.

The fourteen surveys taken together tell a very compelling story of significant evolution in wholesale price formation mechanisms, during a period of key developments and dynamic changes in the global gas markets.

This 2022 edition comes in a year when the gas markets have been experiencing unprecedented challenges and turbulence and gas consumers are struggling with abnormally high price levels. The findings of the report and its analysis confirm that there is now a functioning global gas market, and that despite the challenges faced by everyone in managing the high-price environment, a functioning market is the key to ensuring energy security. An effecient global market has allowed the necessary flexibility to reorganize gas supply flows to where they were required most in a matter of just a few months.