January futures price for gas in Europe increased by 7.5% at the opening of the trading exchange and approached $ 1,130 per thousand cubic meters. Data from ICE Futures evidence this.
The cost of January gas futures at the TTF hub in the Netherlands ranged from $ 1105 to $ 1120 per 1,000 cubic meters. While the maximum value yesterday was $ 1,129.4.
Gas prices in Europe have risen sharply in recent months. As early as the beginning of August, a thousand cubic meters of gas traded at $ 515 at the TTF hub in the Netherlands, a figure that doubled by the end of September.
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, aimed at increasing exports to Europe.
