Stock prices of gas in Europe fall below $350 per 1,000 cubic meters. m is associated with the off-season, declaration Igor Yushkov, one of the leading analysts at the National Energy Security Fund, in an interview with RT. The cost of blue fuel has reached such a mark for the first time since June 7, 2021.
“The heating season is over, but the air conditioning season has not started yet. There is still no such heat that would allow more electricity to be spent on the air conditioner and, accordingly, the loading of gas stations, among other things. So this is a kind of respite for the European gas market. “The winter was very hot and there was a lot of gas left in the underground storage facilities, so the market has calmed down.”
He added that if the drought experienced in previous years is repeated, this situation could turn into “a kind of trap”.
Vladislav Antonov, former financial analyst at BitRiver estimated At the end of May – the beginning of June, the foreign exchange prices of natural gas will decrease to $300 per thousand cubic meters.