Exchange prices for gas in Europe rose to $455 per 1,000 cubic meters. m – Kommersant
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The cost of September gas futures reached $455 per 1,000 cubic meters. m during trading on the London Stock Exchange ICE. As of 15:42 Moscow time, the exchange price of gas was $449 per 1,000 cubic meters. m, cost growth – 12.97%.
Starting from January of this year, gas prices in Europe began to decline. The decline occurred against the backdrop of an abnormally warm winter in European countries and high filling of gas storage facilities. In the summer, gas prices began to rise. In June, exchange prices for gas in Europe rose up to $500 per 1 thousand cubic meters m, August 9 – exceeded $400 per 1 thousand cubic meters m.
Gas prices in Europe are rising amid expectations of a new heat wave in the southern part of the continent. However, demand for air-conditioning power has not yet led to a significant increase in gas generation, as the peaks are mainly covered by renewable energy sources, and overall energy demand remains weak due to a slowdown in economic activity.
More details – in the material “Gas prices warmed up in the sun”.
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