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Gazprom predicts gas at $4,000

Photo: Naftogaz

The cost of blue fuel on the European market exceeds $2,500 per thousand cubic meters and continues to grow.

In winter, gas prices in Europe could exceed $4,000 per 1,000 cubic meters, Russian Gazprom said.

On August 16, gas prices crossed the $2,500 mark in togas.

“According to conservative estimates, if the trend continues, prices will exceed $4,000 per thousand cubic meters in the winter,” the company said in a statement.

According to Gazprom, on August 14, reserves in European underground storage facilities were filled with 48.6 billion cubic meters. It is said that in order to reach the occupancy level at the beginning of the 2019/2020 withdrawal season, another 23.8 billion cubic meters need to be pumped. m.

Recall that Europe reduced LNG imports to a six-month low. However, in general, the injection of gas into European storage facilities is on schedule, despite the reduction in Russian supplies.

It has also been reported that due to a possible gas shortage in Europe, electricity prices are rising to record highs.

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Source: korrespondent

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