HomeEconomyGas prices in Europe...

Gas prices in Europe fell below $1,200

Image: Getty Images

The storage occupancy rate in Europe remains very high for this period.

The price of natural gas in Europe fell below $1,200 per 1,000 cubic meters. m. This was confirmed by the London Stock Exchange ICE data during trading on Monday, December 19th.

function news4545305() {
$.get(‘//’ + window.location.host + ‘/ajax/module.aspx?spm_id=444&id=4545305&lang=2&IsAjax=true’, function (data) { $(‘#nk4545305’).html(data); });
}

news4545305();

The price of January futures at the TTF hub in the Netherlands fell to $1,193 per 1,000 cubic meters. m, or €108.775 per MWh (based on the current EUR/USD exchange rate, ICE prices are presented in EUR per MWh). At the same time, the total price drop since the beginning of the day exceeded 6%.

There are several factors that contribute to the drop in prices. Thus, the temperature this week in most European countries is predicted to be above average climatic indicators. This should lead to a decrease in gas extraction from storage facilities.

In addition, despite last week’s withdrawal rates, UGS fill levels in Europe remain very high for this period. They are now 84.15% full (9.96% higher than the average for this date over the past five years). They contain more than 91 billion cubic meters. m of gas.

Remember that six European countries have agreed to a hydrogen corridor project. It is planned to transport “green” hydrogen produced in the Baltic Sea area through it.

news 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 terrorists of the Russian Federation shot once a day at the booths on Kharkiv: a refusal of a woman, painful 10 wounded (photo,...

Russian freaks struck Harkiva Kabama on June 7. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } As a result of the arrival of the two cabs in the Shevchenkivsky area,...

Ukrainian sleepers, attacking the industrial zone of the non -frauded plant “Lucuel” in the Nizhny region in Novgorod

In the city of KSTVO, Nizhny of the Novgorod region of the Russian Federation, after high -profile explosions, the Bitumen Lukuil plant caught fire. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } ...

EC can dig up the fabric on lobbyists of its climate station

The Welt Am Sonntag newspaper gained access to secret documents and found that the EU, obviously, spent tax money on dubious lobbying activities to convince the public in its climatic policy. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height:...

One does not go, the other was injured, the third – with the tail: “Belik Angels” Evakuirod, who are women from burning (video)

The Police of the White Angel evacuated three elderly women from the border. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The evacuation was not simple. Two women were brought...