Gas Prices In Europe Above $1,600 Per 1,000 Cubic Meters


(MENAFN- AzerNews)

By Trend

Gas prices in Europe climbed above $1,600 per 1,000 cubic meters by the end of the trading session, according to ICE data, Trend reports with reference to TASS .

August futures prices at the TTF hub in the Netherlands surged to $1,605.5 per 1,000 cubic meters or 149.4 euro per MWh. Prices moved by 6.5% over the day.

Annual scheduled shutdown of the Nord Stream gas pipeline to Germany is intended for July 11 - 21, 2022, according to Nord Stream AG, the pipeline operator.

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