The price of gas futures in Europe fell to $ 800 per thousand cubic meters on the first trading day of 2022. According to Report.ge, this is evidenced by the data of the ICE on the London Stock Exchange.
February futures price for gas at the Dutch TTF hub fell to $ 817 per thousand cubic meters. Later, the decline accelerated, and the price of gas dropped to $ 772.4.
According to the Financial Times, one of the reasons for the increase in gas prices was the fact that Gazprom refused to supply additional volumes through Ukraine, which was aimed at increasing exports to Europe.