The cost of gas in Europe exceeded 2800 dollars per thousand cubic meters

11:36 05 September Kyiv, Ukraine

Gas prices in Europe at the opening of trading on Monday exceeded $2,800 per thousand cubic meters, showing an increase of more than 30%.

This is evidenced by the data of the ICE exchange.

Thus, the cost of October futures at the TTF hub in the Netherlands rose to €279 per 1 MWh ($2,853 per 1,000 cubic meters).

At the same time, on Friday, September 2, trading closed at $2,213 per 1,000 cubic meters.

The rise in prices began against the backdrop of a complete halt in gas supplies by Nord Stream.

On September 2, the Russian Gazprom announced that during routine maintenance at the unit at the Portovaya station, an oil leak was discovered and the gas pipeline would be completely stopped until the problem was fixed.

At the same time, Siemens Energy sees no technical reasons, as stated by Gazprom, to stop Nord Stream for an indefinite period.