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Gas price reaches $1,400 in Europe

POLITICS

14.12.2021 | 16:35

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Gas prices in Europe have continued to spike since the end of last week. Thus, at the auction on ICE Futures on December 14, the price of January futures for TTF reached $1,425 per 1,000 cubic meters or 122.24 euros per MW / h, the Russian newspaper Korrespondent wrote. Gas prices in Europe have risen as liquefied gas prices rise in Asia. In the January contract, it increased by $18 to $ 1,276 per 1,000 cubic meters. Yesterday, the price of gas rose after the new German Foreign Minister Analena Berbock’s announcement regarding the Nord Stream 2 gas pipeline. She reminded that Germany will not allow Nord Stream 2 to be put into operation until it is certified.

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