Gas prices in Europe fall by 18% – Kommersant
[ad_1]
The cost of September futures for gas in Europe on the TTF index at the opening of trading (9:07 Moscow time) on the London Stock Exchange ICE fell to $335.8 per 1 thousand cubic meters. m. Compared with the figure at the close of trading on August 23 ($ 410.8), the cost decreased by 18.2%. Prices began to fall after the news about the prevention of a strike by gas platform workers in Australia.
Tonight, Reuters reported that Australian oil and gas company Woodside Energy Group has tentatively approved better pay and working conditions for offshore gas workers who have promised to go on strike. This should prevent disruptions to LNG supplies that were expected due to the strike. On August 21, against the backdrop of news about the strike, the price of gas in Europe on the stock exchange grew by almost 16%, up to $480 per 1,000 cubic meters. m.
More details – in the material “World Gas Responsiveness”.
[ad_2]
Source link
