HomeWorldIn Europe, gas prices...

In Europe, gas prices fell below $500 per thousand cubic meters

Underground gas storage facilities (UGS) in Europe are 56.5% full, they contain 61.4 billion cubic meters. m of gas.

In Europe, gas prices in exchange trading fell below $500 per 1,000 cubic meters. m for the first time since last week. The total price drop for the day is 10%. This was reported by TASS with reference to the data of the London ICE exchange.

It was noted that the price of the April futures contract at the TTF hub in the Netherlands fell to $496 per 1,000 cubic meters. m, or €44.735 per MWh (based on the current euro/dollar exchange rate, ICE prices are in euros per MWh).

On March 9, the price of gas fell below $450 for the first time since the end of July 2021, but by the end of the week there was a sharp increase in the price – it rose to almost $600.

Underground gas storages (UGS) in Europe are reported to be filled at 56.5% (20.32 percentage points higher than the average for this date in the last five years), they contain 61.4 billion cubic meters. m of gas.

Remember that gas prices in the EU have been updated for at least two years.

According to the media, falling oil and gas prices are stimulating economic growth in the West.

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 DPRK was promised by the “unclear” Poddjakke of Russia in the war against Ukraine

Russian military criminal, secretary of the Russian Council Sergey Shayga, visited Phogyan, where he met with Kim Jong. He promised him that the DPRK would support Russia, in particular, in the war against Ukraine. The parties discussed a joint operation in the Kursk...

In Pryluky, RF Postal House -Topl in the leader of the leader

In Pryluky, a hostile drone hit the house of the head of the local fire department. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } His family was killed: his wife,...

RF terrorist at night was beaten by Shahmed on Priluki and Kharkov, many deaths (photo, video)

Five people were killed from the Russian attack with drones in Priluki in the inkworm. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Among the dead is two women and...