Energy

The EU’s gas price increased by 30% in one day.

Tuesday, September 6, 2022
The EU’s gas price increased by 30% in one day.

 Fueled by the complete shutdown of gas supplies through Nord Stream-1, gas exchange prices in Europe at the opening of trading on Monday exceeded $2,800 per thousand cubic meters, showing an increase of more than 30%. According to ICE data, the price of October futures at the TTF hub in the Netherlands increased to $2,853 per 1,000 cubic meters. On Friday, September 2, trading closed at $2,213 per 1,000 cubic meters. On September 2, Gazprom announced that an oil leak had been discovered at the Portova station, and the gas pipeline would be completely shut down until the problem has been resolved.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Tuesday, September 6
Energy
The EU council is preparing an urgent package of measures to reduce energy prices.

The EU council is preparing an urgent package of measures to reduce energy prices.

Next post
Tuesday, September 6
Economy
The EU signs a deal with Ukraine for a further €500M in aid.

The EU signs a deal with Ukraine for a further €500M in aid.

Morning Economic Digest

Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

Previous Main Topics

Subscribe