Gas futures prices in Europe increased by 6% at the opening of trade and amounted to 1.2 thousand dollars per thousand cubic meters. 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 opened at $ 1,197.6 per thousand cubic meters. However, it later rose to $ 1,203.4.
On December 21, the gas exchange price in Europe, for the first time in history, exceeded $ 2,000 per thousand cubic meters.
The decrease in price may be related to the additional supply of LNG from the US to Europe and an increase in electricity generation at European wind farms.
