Gas price increases in Europe

The price of gas in Europe on September 14 approached $ 770 per 1,000 cubic meters.

Thus, the September futures contract value in the Netherlands at TTF per thousand cubic meters is about $ 772.5.

According to the Financial Times, one of the reasons for the increase in gas prices is that Gazprom refused to supply additional volumes through Ukraine, which was aimed at increasing exports to Europe.

In an interview with the Financial Times, the CEO of the Ukrainian gas operator, GTS, Sergey Makogon, said that the rise in prices is an artificially created problem. Makogon noted that Russia's Gazprom is deliberately suspending gas supplies to Europe.