European exchange prices for gas increased by 3% and reached $ 500 per thousand cubic meters on the last trading day of winter. This is evidenced by the data of the ICE London Exchange, Enkorr.
► Read Telegram channel “The Ministry of Finance”: the main financial news
April futures (closest to execution) to the TTF index (the largest European gas hub in the Netherlands) began auction at 9:00 and Kyiv time with a mark of $ 491.5 per thousand. cubic meters, which is 1.2% higher.
By 9:58 Kyiv time, their cost reached $ 500.4, increasing by 3%. The change in quotations is calculated at the estimated price of the previous trading day, which amounted to $ 485.8 per thousand cubic meters.
The day earlier, exchange prices for gas in Europe showed a sharp jump, increasing by 8%. Despite this increase, it is worth noting that recently gas prices in Europe were significantly higher: in mid-February, the quotes for the first time in two years exceeded a mark of $ 630 per thousand cubic meters.According to the Association of European gas infrastructure operators (GAS Infrastructure Europe), the current level of filling gas storages in the European Union decreased to 40%. On average over the past year, the price of gas futures on the European Exchange amounted to $ 386.5, which is 16.3% less than a year earlier. The highest gas prices were observed in 2021–2022.
of a similar stable price level was not observed in the entire history of the functioning of European gas hubs since 1996. Historical maximum $ 3,892 per thousand cubic meters was recorded in the early spring of 2022.
🕵️ We created a small survey to find out more about our readers.
💛💙 Your answers will help us become the best, pay more attention to topics, pay more attention, pay more attention. which are interesting to you.
🤗 We will be grateful if you find a moment to answer our questions.