Gas price in Europe for the first time in history exceeded a thousand dollars

Gas prices on the European futures market at the opening of trading for the first time in history exceeded $ 1000 per 1000 cubic meters, RIA Novosti reports.

Gas price in Europe for the first time in history exceeded a thousand dollars

The previous record was recorded on September 15 – the price per 1,000 cubic meters rose to $963.9.

Over the past six months, the cost of fuel in Europe has increased by more than one and a half times. Analysts attribute this to concerns about a possible shortage of gas due to the low occupancy of European storage facilities. In addition, the increased demand was caused by economic recovery and weather factors, as well as competition for LNG with Asia and limited supplies of the largest European supplier – Gazprom.

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