Gas price in Europe exceeded 1100 dollars

During trading on Monday, January 24, the cost of gas in Europe has grown by more than 19 percent. The price exceeded 1,100 dollars per thousand cubic meters. This is evidence of the ICE exchange data.

The price of February futures on the TTF Hab in the Netherlands increased to $ 1102 per thousand cubic meters. The total increase in the cost of gas from the beginning of the trading day is 19.4 percent.

previously became known that the supply of liquefied natural gas (LNG) to Europe in January 2022 will reach a new historical record in the entire history, exceeding 10 billion cubic meters. At the same time, the market fears that potential sanctions against Russia can lead to disclosure. In the Kremlin, such statements were counted “Fake Hysteria”.

At the same time, delivered to Europe in recent months, prices have grown three, causing a sharp rise in price of electricity.

/Media reports.