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Gas prices in Europe jumped by 20%

Photo: Ukrtransgaz

The cost of blue fuel was affected by the closure of Norwegian fields for repairs, as well as the fire at the Freeport LNG plant.

The price of gas in Europe at auction on Thursday, June 9, jumped nearly 20% against the backdrop of the start of repairs on gas fields in Norway.

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Thus, the July TTF futures on the ICE Futures exchange rose to $ 1,021 per thousand cubic meters after $ 855 at closing the day before.

The other day, Norwegian Gassco announced the closure for annual preventive maintenance of the Visund and Heimdal fields (capacity 22 million cubic meters per day), and now Troll and Kollsnes have started (82 million cubic meters ) the repair.

Also, the amount of gas was affected by the fire at the Freeport LNG plant with a capacity of 15 million tons per year. LNG operation was halted for at least three weeks.

It should be noted that in May, the price of gas imports for Ukraine reached almost $ 1,000 per thousand cubic meters.

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Source: korrespondent

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