Exchange gas prices in Europe rose by 5% at the beginning of trading
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Exchange prices for gas in Europe at the beginning of trading on the London ICE exchange rose by 5%, they are traded at $2,900 per thousand cubic meters. m after falling below $2,600 the day before. Today, the cost of the nearest, October, futures for natural gas at the TTF hub in the Netherlands increased by 4.8%, to 278 euros per MWh, or $2,919 per thousand cubic meters. m, taking into account the current exchange rate in the international market, testify ICE exchange data.
Today “Gazprom”confirmed the suspension of gas supplies to Europe via Nord Stream for scheduled preventive work. In the absence of technical malfunctions, the gas-compressor turbine will resume operation at 04:00 Moscow time on September 2, deliveries will be restored to a volume of 33 million cubic meters. m per day.
After Gazprom’s statement on August 19 that Russian gas supplies to Europe were suspended, exchange prices sharply accelerated growth; last week, the price of the next, September, gas futures exceeded $ 3,500 per thousand cubic meters, but later, after the statement of the head of the German Ministry of Economy Robert Habek about early filling underground gas storage facilities (UGS) in Germany by 85%, energy prices began to decline. In particular, on that day, stock prices in Europe fell by 19% and fell below $2,900 per thousand cubic meters. m.
The day before, on August 30, the price of the nearest, September, futures contract for natural gas at the TTF hub in the Netherlands fell even lower, at the moment the drop reached 10%, prices dropped to 245 euros per MWh, or $2,572 per thousand cubic meters. m, taking into account the current exchange rate on the international market, follows from the data of the London ICE exchange.
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