Gas price in Europe up above $1,000 per 1,000 cubic meters

TASS Russian News Agency | Jan 12, 2022 at 10:10 AM

MOSCOW, January 12. /TASS/. The gas price in Europe rose above $1,000 per 1,000 cubic meters again during Wednesday exchange trading, according to ICE trading data.

The price of gas futures for February delivery at the TTF hub in the Netherlands was up at $1,010 per 1,000 cubic meters, or 86 euro per MWh (on the basis of the current euro exchange rate against the dollar, prices at ICE are in euro per MWh).

The total increase in the gas price since the trading opening has exceeded 8%.