Economy

Gas price in Europe exceeded $ 1100

December gas futures price on the Dutch hub TTF crossed the $1.1 thousand per thousand cubic meters mark. This is the first time since October 20.

Gas price in Europe exceeded $ 1100
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According to the data from the ICE exchange, gas futures began to rise sharply in price after the German regulator decided to suspend the certification process for Nord Stream 2 AG - the company that operates the pipeline Nord Stream 2.

By the end of trading on November 16 the cost reached $1116 per 1,000 cubic meters of gas. As Kommersant recalls, in early October the price of the European gas was going up to nearly $2,000 per 1,000 cubic meters.

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