Despite the suspension of supplies via Nord Stream 1, the price of gas remains around $2,000.
The price of gas in Europe settled in the region of $2,000 per thousand cubic meters, according to trade data on Monday, September 12.
Thus, the spot price of gas at the TTF site in the Netherlands for one-day early delivery is $1,972 per thousand cubic meters, or EUR 188 per MWh.
Gas prices have stabilized on the back of increased liquefied natural gas (LNG) shipments from the US and above-plan storage capacity levels.
Let’s remind, in September, 2nd the price for gas in Europe fell below 1900 dollars. But on September 5, the price immediately jumped 30%, surpassing $2,800. After that, the quotes started to drop again.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.