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In Europe, the price of gas for the week rose by almost 20%

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Gas prices in Europe rose by almost 20% in a week

On Friday, gas in Europe traded at $1,065 per thousand cubic meters. Quotes rose by 17%.

In Europe, the gas price ended the weekly trading at $1,065 per thousand cubic meters. About it testify London ICE data on Friday, January 28th.

During the week, gas futures quotes at the TTF hub in the Netherlands for delivery in February ranged from $1,000 to $1,100 per thousand cubic meters. The last trading day closed at $1,065.

At the same time, at the beginning of the week, quotes rose above $1,100 for the first time since December 2021. According to the results of the weekly trades, the growth of gas prices in Europe amounted to about 17%.

Recall that dozens of LNG tankers heading from the US to Europe. More than 20 liquefied gas tankers are already on their way to Europe, more than 30 ships can still be sent.

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