Bank Of Baku

Novak: Gas prices in Europe will remain high

Novak: Gas prices in Europe will remain high
# 26 December 2022 11:48 (UTC +04:00)

Gas prices in Europe will remain high due to the shortage, they will not be able to return to the levels of early 2021 – $ 200-250 per 1 thousand cubic meters, said Deputy Prime Minister of Russia Alexander Novak in his interview with TASS, APA reports. 

“A lot of the dynamics will depend on the temperature this winter, but in the short term, they will remain high due to the shortage. I don’t see how prices could return to the levels of early 2021 — $200-250 per 1,000 cubic meters,” he said.

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