The price of gas in Europe broke a historic record

The price of gas in Europe broke a historic record

The price of gas in Europe at the opening of trading on October 5 broke the record again and reached almost 1250 dollars per 1 thousand cubic meters. m, according to the ICE exchange, writes UNN.

 

The price of November futures on the TTF hub in the Netherlands during trading reached 1247.4 dollars per 1 thousand cubic meters. m, or 104 euros per MWh (based on the current exchange rate of the euro to the dollar, ICE prices are presented in euros per MWh.)

 

1200 dollars for 1 thousand. cube. m gas price in Europe fell sharply after news that the Danish Energy Agency has approved the start of testing of the first line of the pipeline "Nord Stream-2". In less than an hour, November futures on the TTF hub in the Netherlands fell by almost $ 70 and fell to one thousand one hundred and twenty-four dollars per thousand cubic meters.

 

Gazprom CEO Alexei Miller has previously said that the sharp lag in gas injection into Europe's underground storage facilities and growing demand for gas have led to prices for this type fuel in Europe broke records and may exceed their values in the near future.

 

Recall that the price of gas in Europe at the opening of trading on September 28 for the first time in history exceeded $ 1,000 for 1 thousand cubic meters m.





The price of gas in Europe at the opening of trading on October 5 broke the record again and reached almost 1250 dollars per 1 thousand cubic meters. m, according to the ICE exchange, writes UNN.

 

The price of November futures on the TTF hub in the Netherlands during trading reached 1247.4 dollars per 1 thousand cubic meters. m, or 104 euros per MWh (based on the current exchange rate of the euro to the dollar, ICE prices are presented in euros per MWh.)

 

1200 dollars for 1 thousand. cube. m gas price in Europe fell sharply after news that the Danish Energy Agency has approved the start of testing of the first line of the pipeline "Nord Stream-2". In less than an hour, November futures on the TTF hub in the Netherlands fell by almost $ 70 and fell to one thousand one hundred and twenty-four dollars per thousand cubic meters.

 

Gazprom CEO Alexei Miller has previously said that the sharp lag in gas injection into Europe's underground storage facilities and growing demand for gas have led to prices for this type fuel in Europe broke records and may exceed their values in the near future.

 

Recall that the price of gas in Europe at the opening of trading on September 28 for the first time in history exceeded $ 1,000 for 1 thousand cubic meters m.