Gas compressor station in GermanyMOSCOW, Feb 15March gas futures prices in Europe fell almost up to $800, fell by 17% minutes earlier, and are now declining by more than 13%, according to data from the London ICE exchange. $806.2 So far, this is the price low of the auction — 17% lower than the settlement price the day before, 943.7 dollars. At 18:07 Moscow time, quotes fell by 13.5%, to $816.7.Borrell: in the event of an escalation, Nord Stream 2 may be temporarily closed A few hours earlier, prices accelerated the pace of decline amid weakening geopolitical fears. and the Western military districts began returning troops to their places of deployment after the exercise.January 26, 17:26 Infographic How much gas is left in European storage facilities Infographic View 2190 dollars. Some pullback followed, but prices remain consistently high, which has not been observed in the entire history of the operation of gas hubs in Europe. Experts attribute this to several factors: the low level of occupancy of European underground storage facilities, limited supply from major suppliers and high demand for liquefied natural gas in Asia. European authorities have repeatedly accused Russia of provoking an energy crisis. Vladimir Putin called these statements nonsense. He recalled that he offered Brussels to leave long-term contracts for the supply of raw materials, but the European Commission insisted on market pricing, which ultimately led to a crisis.
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