The price of gas in Europe has exceeded 1100 USD per 1000 cubic meters.
The cost of November futures at the TTF hub in the Netherlands is $ 1109 per thousand cubic meters.
And, the highest value this morning reached 1139 USD.
Gas prices in Europe have risen sharply in recent months. As early as the beginning of August, a thousand cubic meters of gas was traded at $ 515 per thousand cubic meters at the TTF hub in the Netherlands, a figure that doubled by the end of September.
EU Commissioner for Labor and Social Rights Nicholas Schmidt has said that millions of people may be impoverished due to an extremely high gas and electricity prices in Europe.
European countries began extracting natural gas from underground reservoirs last week.
Before the winter season, stocks reached a record low of 77.13% for the first time.
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 to increase exports to Europe.
