Gas futures settlement price hits all-time highs

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The settlement price on Monday was a record price in the entire history of the operation of gas centers in Europe – since 1996 it has reached $ 2,861.6 per thousand cubic meters. m. This is evidenced by data from the London Stock Exchange. ICE.

In September, futures contracts for gas supply (according to Europe’s largest central TTF index) started to grow rapidly after this news. And on the evening of August 19, they rose by about 8% to over $2,700 per thousand cubic metres. m for the first time since March, then on the morning of August 23, they have already grown by 20% and climbed above $3,000, but stalled at the close just below $2,900.

It was previously reported that gas prices are rising in Europe. exceeded m for the first time since March, $2800 for a thousand cubic meters. and continues to grow against the backdrop of reports that Gazprom is suspending gas supplies via Nord Stream.

19 August Gazprom announcedThe price of gas on the European stock market exceeded $2,700 after this announcement, which suspended gas supply via Nord Stream from August 31 to September 2 due to maintenance of the gas pumping unit at the Portovaya compressor station.

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