Here Is the New Peak: European Gas Prices Have Run Wild on the Eve of the Heating Season
8 Articles
8 Articles
The Dutch TTF gas exchange's quotation jumped to close to 84 euros/MWh on Monday. European gas prices have risen by around 30 percent in a month and more than doubled in a year, while the continent's storage facilities are unusually empty for the season ahead of winter.
Delivery failures from the Middle East drive the European gas price up further. At the same time, the filling levels of the gas storage tanks are low. Time pressure for Germany is growing.
The European gas price has already almost tripled this year. In Austria, gas storage is currently almost 67 percent filled.
The European gas price rose on Monday morning at the leading gas exchange in Amsterdam, following higher oil prices. The price climbed nearly 5 percent to more than 83 euros per megawatt-hour. Last week, the price already rose to over 80 euros for the first time since January 2023.
The price of European natural gas rose significantly on Monday because of supply problems caused by supply failures from the production areas on the Persian Gulf.
In collaboration with the daily newspaper L'Adige we receive and publish the link of the following news. Opinione thanks the publisher for the multimedia partnership. /// The price of gas jumps to about 83 euros at the megawattora. In Amsterdam the quotations recorded an increase of 4.2% Link to the news
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