Gas prices in Europe exceed $980

Gas prices in Europe at the opening of trading rose above $980 per 1,000 cubic meters, Report informs citing TASS.

The price of December futures at the TTF hub in the Netherlands has grown to almost $983 per 1,000 cubic meters.

The overall rise in the gas prices in Europe since the beginning of the day is more than 4%.

The reason for the rise in prices could be a decrease in gas supplies from Norway to Europe. During the day, they decreased by more than 10%, to 310.9 million cubic meters per day from 345.7 million cubic meters, according to the Gassco service.