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Gas prices in Europe rise to more than 2,400 dollars per thousand cubic meters

2022-08-16T11:28:42.509Z

London-Moscow-SANA Gas prices in Europe rose today to more than 2,400 dollars per thousand cubic meters, for the price



London-Moscow-Sana

Gas prices in Europe rose today to more than $2,400 per thousand cubic meters for the first time since last March.

And Sputnik agency reported that gas prices on the London Stock Exchange amounted to $2,450 today, with an increase of about 6 percent.

In turn, the Russian gas company Gazprom said today that the price of gas for spot contracts in Europe has reached the level of 2500 dollars per thousand cubic meters.

According to the Russian company, gas prices in Europe next winter are expected to reach the level of 4000 dollars per thousand cubic meters, according to conservative estimates.

The European market faced problems in the gas market and experts attributed their occurrence to the limited Russian supplies in addition to the low levels of occupancy in underground gas storage facilities in Europe and the high demand for liquefied natural gas in Asia.

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Source: sena

All business articles on 2022-08-16

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