GENERICO.ruВ миреGas prices in Europe fell below $1,300 per thousand cubic meters

Gas prices in Europe fell below $1,300 per thousand cubic meters


A pipeline designed to transport Russian gas to the EU. File photoMOSCOW, 17 Oct. Exchange gas prices in Europe for the first time since June 20 fell below $1,300 per thousand cubic meters to $1,288 and are down 9.5%, according to London-based ICE. futures contracts on the TTF index opened with a decrease in prices by almost 6.4%, to a mark of about 1333 dollars per thousand cubic meters. As of 18.17 Moscow time, their cost is 1288 dollars (-9.5%). The dynamics is based on the settlement price of Friday, the previous trading day, — 1424.2 dollars per thousand cubic meters. for domestic consumption Analysts interviewed by RIA Novosti noted that the decline in gas prices in Europe is due to the calming of the market due to the high level of occupancy of underground gas storage facilities, but the countries of the continent may face a new price surge. At the same time, gas quotes are several times higher than last year, when they were already at a record level. The average settlement price of the nearest futures in September, according to agency estimates based on ICE data, fell to $2,093 per thousand cubic meters (-14.6% in monthly terms ), while in August it slightly exceeded $2,450 (+35.7%), which was a record for the entire history of the operation of gas hubs in Europe — since 1996. But back in early March, gas quotes due to fears of a ban on the import of Russian energy resources four days in a row updated historical highs. The price record of $3,892 per thousand cubic meters was reached on March 7.Serbian government banned natural gas export

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