Gas prices in Europe again reach $1,100 per thousand cubic meters.
Monday, January 17, 2022
According to ICE, at the opening of the auction, gas prices in Europe rose by 11% and exceeded the mark of $1,100 per thousand cubic meters, according to ICE. On Friday morning, the cost of a thousand cubic meters at one point reached $1,143, and later this day was around $1,088. According to Gas Infrastructure Europe, an industry association, European gas reserves fell below the critical mark of 50% – to 49.33%. According to Bloomberg, electricity prices in France and Germany are also rising – due to the failures of the French nuclear giant. It is reported that the world’s largest nuclear power producer has lowered its production estimate by about 8% after detecting defects in some reactors.