The price of gas in Europe exceeded $ 890 per thousand cubic meters

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The price of gas in Europe increased by 5.9 percent at auction, reaching $894.1 per thousand cubic meters. Agency reports “Hitting the Primer” With reference to London Stock Exchange ICE data.

February futures on the TTF index (Europe’s largest hub located in the Netherlands) have been sold, according to the agency. least value It reached $777.3 (-8%) per thousand cubic meters and $894.1 per thousand cubic meters at closing. The dynamics of the quotation are based on the settlement price of the previous trading day – $844.3 per thousand cubic meters.

According to agency estimates BloombergThe European Union’s restriction on gas prices could only worsen the situation with the energy crisis. The EU gas price cap mechanism can help prevent price fluctuations. However, the publication pointed out that because of this, Europe will become particularly vulnerable in terms of gas supplies and increased competition from Asian countries.

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