Home Latest News The price of gas in Europe has increased considerably

The price of gas in Europe has increased considerably

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The price of gas in Europe has increased considerably

In November, the price of a thousand cubic meters of gas in Europe increased by 21% and approached $521.

Oku.Az It is reported with reference to data from the London Stock Exchange ICE.

The reasons for the increase in gas futures prices are the suspension of the flow of Russian gas to Austria, US sanctions against Gazprombank and the cold weather that caused a record emptying of European warehouses.

It should be noted that at the end of October the price of a thousand cubic meters of gas was 432 dollars. A year ago, the average price of gas in Europe was about $408 per thousand cubic meters.

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