In the afternoon, the price of April futures on the TTF hub in the Netherlands rose 6%.
The cost of gas futures in Europe exceeds $ 1,480 per thousand cubic meters against the backdrop of the statement of Russian President Vladimir Putin that unfriendly countries will have to pay for gas in rubles from April 1. This is proved of trade data on Thursday, March 31.
So, this afternoon, the price of April futures at the TTF hub in the Netherlands rose 6% and reached a maximum of 127.37 euros per 1 MWh, or approximately $ 1,483 per thousand cubic meters. m, taking into account the current rate, according to exchange data ICE.
By 16:45, the gas price had adjusted to 123.8 euros per 1 MWh, or $ 1,439 per thousand cubic meters. m.
The jump in quotations took place against the backdrop of Vladimir Putin’s statement that he had signed a decree on gas payments to unfriendly countries in rubles. If counterparts do not agree to pay, then Russia will consider it “a default on the part of the consumer with all the subsequent consequences” and existing contracts will be suspended, Putin warned.
The other day, the German government announced that after talks yesterday between Chancellor Olaf Scholz and Putin, Russia had agreed not to demand payment for gas in rubles.
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Source: korrespondent
