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Energy crisis in Europe

Gas price in Europe down below $1,400 per 1,000 cubic meters first since March 1

The total decrease in the gas price since the start of trading has reached 23%

MOSCOW, March 10. /TASS/. The price of gas in Europe dropped below $1,400 per 1,000 cubic meters during Thursday trading for the first time since March 1, according to data provided by London’s ICE.

The price of gas futures for April delivery at the TTF hub in the Netherlands went down to $1,370 per 1,000 cubic meters, or 120.01 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 decrease in the gas price since the start of trading has reached 23%.

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Energy crisis in Europe

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