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Gas price in Europe fell below $ 400

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One thousand cubic gas meters of gas now costs $ 400 – the total decline from the beginning of the day is about 2%.

Gas prices in Europe during exchange trading on Monday for the first time on September 23, 2024 fell below $ 400 per 1000 cubic meters. m. The total decline from the beginning of the day was about 2%. This has been proven by Ice London Exchange data.

The cost of the May futures at the TTF hub in the Netherlands fell to $ 382 per 1 thousand cubic meters. m, or 33.555 Euro for MW-Hour.

Europe in April, against the rear of the hot weather, began the period of active gas pumping in underground storage facilities (PHG) after the end of the heat period.

Europe continues to import LNG with a record speed behind the historical maximum of March.

As we have written, importing natural gas (LNG) imports from Russia to EU countries last year grew 18%.

Remember, on March 7, European gas prices were recovered after reaching a five -month minimum, as merchants evaluated the possible influence of the US policy related to the war in Ukraine.

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Source: korrespondent

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