20250113_Figure3.0

Posted on July 17, 2025 |

Line chart showing EU natural gas prices from 2021 to 2025, highlighting price spikes after reduced Russian pipeline gas supply and the effect of pipeline sanctions on Russia’s gas exports to Europe.

This chart displays the fluctuation in EU Dutch TTF natural gas prices from 2021 through early 2025. It shows the dramatic surge in gas prices in 2022, triggered by geopolitical tensions and pipeline sanctions on Russia, followed by a gradual decline as the EU diversified away from Russian pipeline gas. The graphic illustrates how volatile pricing was a direct consequence of reduced Russian gas to Europe and highlights the broader implications for energy security in Europe. By visualizing the market response to supply shocks and policy shifts, this chart reinforces the blog post’s analysis of the economic and strategic impact of cutting Russian pipeline gas.