The price of gas in Europe fell below $650 per 1,000 cubic meters. m for the first time since September 2021
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Exchange prices for gas in Europe are already falling by more than 10%, according to data from the ICE exchange. The cost of February futures at the TTF hub in the Netherlands fell to $645 per 1,000 cubic meters. m, or up to €57.6 per MWh. The price of gas dropped below $650 per 1,000 cubic meters. m for the first time since September 6, 2021.
In early January, the cost of gas in Europe was below $800 but last week passed to growth. European Union (EU) in the third quarter of 2022 spent a record €101 billion for gas purchases. At the beginning of January, EU countries doubled use of gas from storage facilities.
About gas prices – in the publication “Kommersant” “Nothing lasts forever under winter”.
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