By the end of the first trading day of 2022, gas futures prices in Europe were approaching $ 1,000 per 1,000 cubic meters. According to Report.ge, this is evidenced by the data of the ICE on the London Stock Exchange.
February futures price was $ 817 per thousand cubic meters at the opening of trading at the Dutch TTF hub, later falling to $ 771.2. However, at the end of the day, the price started to grow steadily, and the closing price rose to 982.6 USD, which is 19.6% higher than the target price on Friday.
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.
