Gas contracts in the TTF hub (Netherlands) with delivery in September set a highest of 302,995 euros per MWh.
In the seventh month of a significant-scale Russian invasion of Ukraine, selling prices for fuel in Europe it approached $ 3,200 at auction on August 24th.
Gasoline contracts at the TTF hub (the Netherlands) with shipping in September established a most of € 302.995 for every MWh, or $ 3,196.6 for each thousand cubic meters. Just after a brief wait at most, the selling prices fell to 290 euros for every MWh or 3,060 dollars for each thousand cubic meters.
In mid-June, Russia diminished the capability of the Nord Stream 1 pipeline by up to 40%, citing equipment difficulties.
In addition, in mid-June, the Turkish Stream pipeline, which was because of to be repaired, was down for a 7 days.
Setting up August 17, 2022 gasoline selling prices in Europe it approached an all-time significant and touched $ 2.5 thousand for each thousand cubic meters due to the synthetic reduction in Russian “Gazprom” provides.
Starting from August 19th gas charges in Europe they had been 11 occasions greater than common at this time of 12 months.