The Russian gas company Gazprom said today, Tuesday, that the price of gas under spot contracts in Europe has reached $2,500 per thousand meters.
According to the Russian company, gas prices in Europe next winter, according to the most conservative estimates, will reach the level of $4,000 per thousand cubic meters.
And prices for blue fuel in Europe last week traded near the level of 2100 dollars per thousand cubic meters, and since then the growth has accelerated, and today contracts are traded above the level of 2500 dollars.
Europe is facing an energy crisis in light of several factors, including reduced supplies from Russia due to Western sanctions imposed on Moscow.
Source: Prime