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Gas prices in Europe make 990 USD per thousand cubic meters

Source : 112 Ukraine

Russian leader Putin charged Gazprom to fill its European gas storages with gas after the domestic campaign is over
16:28, 8 November 2021

Price of natural gas for the population
Open source

The gas prices in Europe are climbing up again. Currently, the average price makes 990 dollars per 1,000 cubic meters. According to Bloomberg, the gas prices grew to 80.8 dollars per MWt/h (USD 987 per 1,000 cubic meters).

The outlet claims that Russian leader Vladimir Putin charged Gazprom to fill its European gas storages with gas after the domestic campaign is over. However, the campaign claimed that it's not going to sell fuel on its trade platform on November 8-12.

The Kremlin believes that Gazprom does not breach any charges because it is capable of making its own decisions on gas supplies.

Related: Gas reserves in Ukrainian underground storage facilities now one third less than last year

At the same time, the situation on the market worsens as the heating season begins. Currently, Europe has one of the lowest levels of stocks over the decade. However, the outlet added that some traders look into the option of Russia restoring supplies in Europe. 

Related: Militants fire on pipeline in Luhansk region, over 700 subscribers left without gas supply

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