At the beginning of the week, the cost of natural gas on European stock exchanges has passed to a fall. Futures for February on the largest European Hab TTF collapsed more than seven percent compared to the end of last week, again dropping down 1000 dollars per thousand cubic meters, indicate the ICE exchange data.
at a minimum price reached $ 946 per thousand cubic meters. On Friday, January 14, the calculated price was $ 1025.2. As of 13:25 Moscow time on Monday, it reached $ 987.
Spring gas cost on TTF fluctuated at 250-300 dollars per thousand cubic meters. The maximum was recorded on December 21 – $ 2190.4 per thousand cubic meters.
Last week, Gas Infrastructure Europe (GIE) reported that gas storage facilities in Europe were empty to 49.33 percent. This is 16 percentage points lower than the average for the last five years. The worst of the situation in Austria (31 percent) and the Netherlands (33 percent).