Gas prices in Europe fell below $1,000 for the first time since October
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Exchange gas prices in Europe for the first time since October 26 fell below $1,000 per thousand cubic meters. m, should from London ICE data. Today, the price of the next, January, futures contract for natural gas at the TTF hub in the Netherlands fell to 90.9 euros per MWh, or about $982 per thousand cubic meters. m, taking into account the current exchange rate in the international market.
January futures on the TTF hub in the Netherlands opened trading at $1,067.4 per 1,000 cubic meters. m. As of 11:40 Moscow time, the cost was $984.9 (-6.8% to close) per 1,000 cubic meters. m.
December 20 European gas prices exceeded $1,200 amid reports of an explosion at a section of the Urengoy-Pomary-Uzhgorod gas pipeline in Chuvashia. The fire on the gas pipeline occurred at 13:44 Moscow time (the time coincides with the local time). By 3:16 p.m., firefighters had extinguished the flare. As a result, three people died, another was injured, said the head of the Kalininsky rural settlement of the Vurnarsky district, Olga Smirnova.
It is specified that the decrease occurred against the backdrop of rising temperatures in the European region, which reduced the rate of gas withdrawal from underground storage facilities. Currently, the storage capacity is 83.18% full, with less than 90 billion cubic meters. m of gas.
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