HomeWorldIn Europe, gas prices...

In Europe, gas prices fell to July 2021 levels

Photo: Ukrainian gas transport system operator

The price of blue fuel in exchange auctions is $400 per thousand cubic meters.

European gas prices at exchange auctions are now below $400 per 1,000 cubic meters. m – such indicators were recorded for the first time since July 8, 2021. The total daily price reduction was about 2.4%. This is confirmed by the data of the London Stock Exchange ICE.

June futures at the TTF hub in the Netherlands fell to $398.1 per 1,000 cubic meters. m, or €35.06 per MWh (at the current EUR/USD exchange rate, ICE prices are in EUR per MWh).

Gas prices fell in Europe due to high filling of gas storage facilities, record inflows of liquefied natural gas (LNG) and warm weather.

In particular, the occupancy of storage facilities exceeded 62%, and LNG flows from terminals to the European gas transmission system in April reached an absolute maximum in the entire history of observations – 12.07 billion cubic meters. m. The record of LNG flows in Europe remains in May.

The period for removing gas from European underground storage facilities ended on 6 April.

Recall that the European Union has launched a joint purchase of gas.

Europe cuts gas purchases – Bloomberg
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

Lutsk shoulder – Spaces went to bending, and the posts are already 27 already 27

The mass shelling of Lutsk on the night of May 6 led to the death of a man-republics, which were unlocked by the body of a nine-story building who died from fragments. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px;...

The authorities of Kyiv showed how the reconstruction of the metro after the Russian attack (photo)

In Kyiv, about 70 specialists in various services KP "KYIV METRO" restore and repair traces and metro network, damaged by the combined air attack of racists on the night of June 6 at night on June 6. .in_text_content_22 {width: 300px; Height: 600px; } @Media...

Trump and Mask Rich Will die in Bella home – SMI

In the confrontation of US President Donald Trump and his former ally, billionaire Ilon Mask, who recently received fierce revolutions, there are signs of a truce. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation;...