Gas price in Europe reaches $880 per thousand cubic meters for the first time

Thus, the price of the October futures jumped by 10% over the morning. This was reported by RIA Novosti with reference to the data of the ICE exchange.

Gas price in Europe reaches $880 per thousand cubic meters for the first time

On the eve of the director of the National Energy Security Fund Konstantin Simonov said that the price of gas in Europe could reach $1000 per thousand cubic meters. This growth is primarily due to weather conditions, the beginning of the heating season, a reduction in LNG supplies, and uncertainty with the launch of the Nord Stream 2 gas pipeline. Also, “speculative” factors influence the price growth.

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