HomeEconomyGas prices in Europe...

Gas prices in Europe jump 10%

Photo: Getty Images

Gas prices began to rise against the backdrop of a statement by Russian Gazprom about a threat to limit transit to Europe through Ukraine.

The price of natural gas in Europe rose above $1,400 per 1,000 cubic meters. This was confirmed by the London Stock Exchange ICE data during trading on Wednesday, November 23.

Thus, the price of December futures at the TTF hub in the Netherlands rose to $1,431 per 1,000 cubic meters. m, or 133.8 euros per MWh (based on the current euro/dollar exchange rate, ICE prices are shown in euros per MWh). The total price increase since the beginning of the day is more than 10%.

Raw materials began to rise in price on November 22 against the backdrop of a statement by Russian Gazprom about the threat to limit transit to Europe through Ukraine, allegedly due to the “settlement” of gas that should be transported in Moldova. Now in Chisinau they rejected this information of the Russians.

Also today, the European Commission presented a proposal for a cap on gas prices, where it is proposed to introduce a ceiling of 275 euros per MWh in the TTF virtual hub.

News from Correspondent.net on Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

The President signed the Law on 50% of the Motagrass for Veterans

The President of Ukraine signed a law that reduces the cost of a motorcycle by 50% for veterans and persons with disabilities as a result of the war (No. 4369-IX). .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px;...

GBI was struck by anger, the requirement of short -term reconciliations of SOC without Boytsov’s order

Employees of the State Bureau of Investigations exposed military personnel in the Nikolaev area, who demanded that the military left some of the military in exchange for returning to the service. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height:...

In Priluki, the Cisland arrived at the post of drone in his house, where he was killed

The rescuer arrived in Pryluky to eliminate the effects of a drone that fell into his house, where his family was killed. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } ...