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Gas prices in Europe rose by 3%

Gas prices in Europe rose by 3%
# 16 December 2022 09:57 (UTC +04:00)

The price of 1,000 cubic meters of gas in Europe settled above 1,500 US dollars at the beginning of auctions held yesterday, APA-Economics reports.

On November 28, the January futures price on the TTF index (the Netherlands' "Title Transfer Facility" - which is considered the most liquid virtual sales center in Europe, was $1,485,9, which is 2,6 % times less than the previous calculation price ($1 448,2 ).

Notably, on March 7 of this year, the gas price in Europe rose to a maximum of 3,900 dollars, setting a record several times during the day.

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