Gaza price in Europe again broke the historical record, reaching $ 727 per thousand cubic meters. This is evidenced by the data of the London Stock Exchange ICE.
The cost of October futures was $ 713.1 per thousand cubic meters, by 9.30 Moscow time it took off to $ 728.2, and after 730.1 dollars grew. On September 9, gas prices in Europe for the first time in history exceeded $ 700 per thousand cubic meters.
Earlier, Russian President Vladimir Putin said that the policy of the European regulator, which made focus on stock exchange mechanisms in determining the cost, was led to the increase in prices. “On the free market in Europe – $ 650 per thousand cubes. These are the cleverings in the past of the European Commission invented market pricing for gas. But the result is you,” Putin said.
Gas in Europe is becoming more expensive due to reducing the level of reserves in underground gas storages (PCG). In addition, in August, gas supplies to Europe have been reduced over several days in a row after the accident at the Gazprom factory in New Urengoy.