Updated 20/09/2026, 17:39 (BST/GMT)
UK Natural Gas Price Today
UK NBP (National Balancing Point) natural gas — the British benchmark in pence per therm.
NBP Natural Gas
UK Benchmark198.16p
pence per therm (GBp/thm)
20/09/2026, 17:39
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GET /v1/prices/latest?by_code=NATURAL_GAS_GBP → $198.16About UK Natural Gas Pricing
The UK natural gas market uses the NBP (National Balancing Point) as its benchmark. Prices are quoted in pence per therm (GBp/thm), unlike the US Henry Hub which trades in USD per MMBtu.
One therm equals approximately 29.3 kWh. UK household gas tariffs, energy supplier contracts, and industrial energy procurement are all tied to NBP movements.
NBP is a virtual trading point on the UK National Transmission System (NTS) operated by National Grid. It is the most liquid natural gas market in Europe.
Unit Conversions
Per therm
198.16p
Per 100 therms
£198.16