Gas prices in Europe took off again

The price of gas in Europe during the trading on Monday overcame the mark of $ 590 per 1 thousand cubic meters. m. This is evidenced by the data of the London Exchange ICE.

So, the cost of October futures on the TTF Hub in the Netherlands on the morning of August 30 reached $ 592 or € 49 per MW H (based on the current exchange rate of the euro to the dollar, the prices of ICE are represented in euros per MW).

Last week, the price of gas in Europe reached a peak $ 580 per 1 thousand cubic meters. The M and above, but then, for several days, it fell by almost $ 100 – first against the background of the false data on the alleged gas supply of the Northern Flow-2 gas supply, and then the Gazprom report on the possible deliveries of 5.6 billion cubic meters. M gas for “Northern Pokhota-2” already in 2021, reports TASS.