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Gas prices in Europe exceed $980
Energy
- 16 November, 2021
- 08:16
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.
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