As of the afternoon of June 3, contract quotes on the TTF hub were $421. This is the highest amount since mid-December last year.
Spot gas prices in Europe exceeded $420 per thousand cubic meters for the first time in the past six months. This is proven by trade data.
On the afternoon of June 3, quotes for the next-day contract on the region’s main trading platform, the TTF hub, reached $421. This is the highest value in the past 176 days – since mid-December last year.
Since the beginning of the month, the average price was $398 in May, the average price was $353;
Gas prices rose after the announcement of an unscheduled shutdown of the production capacity of gas treatment facilities in Nyhamn (Norway) by 80 million cubic meters. m per day.
Let’s remember that the media wrote that the Norwegian company Equinor, during the two years of the war in Ukraine, was able to almost completely replace the Russian one. Gazprom in the field of gas supplies in Europe.
It was previously reported that gas prices in Europe rose to their highest level since the beginning of the year.
Source: korrespondent
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