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21% increase in gas prices in Europe in just one month

Gas trading statistics show that gas prices in Europe increased by 21% in November alone.

reported Mehr reporter quoted by Tass, based on the statistics provided by Intercontinental Exchange London indicates that the price of gas in the European Union only It has increased by 21% in November.

Accordingly, the price of every thousand cubic meters of gas in Europe has reached 521 dollars.

One ​​of the reasons for the increase in gas prices in the Green Continent is the sanction of Gazprom of the Russian bank, which aggravated concerns about It has led to disruption of gas imports from Russia. On the other hand, the lower than expected temperature in Europe and the increase in the speed of extraction from the stored gas reserves have also been the reason for the increase in gas prices in Europe.

This year, the cold season has started 10 days earlier than last year.

On the other hand, the threat of stopping the supply of gas to Austria by Russia has been another reason for the growth of gas prices.

The price of gas in Europe was 432 dollars per thousand cubic meters at the beginning of November and reached 521 dollars at the end of this month.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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