Exchange prices for gas exceeded $1,600 per thousand cubic meters

The cost of gas in Europe has exceeded $1,600 per 1,000 cubic meters. m, testify London ICE data.

Gas prices rose by 9.5% on Monday. Today, the nearest, January, futures on the TTF hub in the Netherlands opened trading at $1,584.5 per 1,000 cubic meters. m. As of 10.03 Moscow time, the cost was $1,611.3 (+9.5%) per 1,000 cubic meters. m. Later, the rise in gas prices slowed down, at 10.34 Moscow time, the cost of the January futures was $ 1,595.8 per 1,000 cubic meters. m.

Gas prices rise amid entry into force ban offshore deliveries of Russian oil to EU countries. In addition, from December 5, a price ceiling was introduced for Russian energy resources at $60 per barrel. This restriction was approved by the G7 countries, as well as the EU countries and Australia.

The price limit discussion went on for a week. Initially, the European Commission (EC) proposed a ceiling of $65 per barrel, but the Baltic countries and Poland considered this limit too “generous”. Thus, Warsaw insisted on a price limit of $30 per barrel. At the same time, Greece and Malta opposed the introduction of a ceiling below $70 per barrel. On November 23, negotiations reached an impasse, Bloomberg wrote. As a result, the EU countries managed to agree only on December 3.

The Kremlin has repeatedly stressed that Russia will not supply energy to countries that join the price ceiling. After the restriction was established, the press secretary of the President of the Russian Federation Dmitry Peskov informedthat Moscow will not accept the introduction of a ceiling on Russian oil. According to him, preparations have already been made for this decision.

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