The price of gas in Europe rose after Gazprom's decision

The price of gas in Europe rose after Gazprom's decision

The price of gas in Europe soared by 2.5% at the refusal of "Gazprom" to reserve additional capacity for the transit of gas through Ukraine and Poland in December, according to the exchange ICE, reports TASS.

 

The price of December futures on the TTF hub in the Netherlands rose to almost $966 per 1,000 cubic meters, or €81.215 per MW⋅h (based on the current euro-dollar exchange rate, ICE prices are in euros per MW⋅h).




The price of gas in Europe soared by 2.5% at the refusal of "Gazprom" to reserve additional capacity for the transit of gas through Ukraine and Poland in December, according to the exchange ICE, reports TASS.

 

The price of December futures on the TTF hub in the Netherlands rose to almost $966 per 1,000 cubic meters, or €81.215 per MW⋅h (based on the current euro-dollar exchange rate, ICE prices are in euros per MW⋅h).
Not so long ago Alexei Miller, the head of Gazprom, made a statement that the company is fulfilling its plans on pumping gas into Europe's underground gas storages. Also, according to him, Gazprom will "exceed the plan of transit through Ukraine"