Feedback

Gas price in Europe exceeds $750

Source : 112 Ukraine

The price of October futures on TTF hub in the Netherlands reached 751.17 dollars per 1,000 cubic meters or 61,565 euros per MWh
21:14, 13 September 2021

gas pipeline
Open source

The price of gas in the European Union exceeded $ 750 per 1,000 cubic meters. This was reported on the website of the London Stock Exchange ICE.

In particular, the price of October futures on TTF hub in the Netherlands reached 751.17 dollars per 1,000 cubic meters or 61,565 euros per MWh.

Earlier, Amos Hochstein, Department's Senior Advisor for Energy Security, warned that this winter Europe could face a gas shortage due to its low reserves and potential supply cuts.

According to him, the volume of supplies of natural gas from Russia has decreased compared to traditional levels. The expert believes that Moscow's actions in the gas market have contributed to the growth of its market prices.

Related: Nord Stream 2: Merkel in Warsaw reaffirmed support for Ukraine's role as gas transit country

Earlier, it was reported that the construction of the Russian gas pipeline Nord Stream 2 has been completed. The operator company of Nord Stream 2 project wants to put the pipeline into operation by the end of 2021.

German federal regulator launched Nord Stream 2 certification procedure.

Related: Head of Naftogaz: Nord Stream 2 becoming symbol of Western corruption

Topics:
Система Orphus

If you find an error, highlight the desired text and press Ctrl + Enter, to tell about it

Comments
see more