This article is from the source 'rtcom' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.rt.com/business/536714-gas-price-europe-new-record/
The article has changed 4 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Gas price in Europe soars above $1,900 per 1,000 cubic meters | Gas price in Europe soars above $1,900 per 1,000 cubic meters |
| (32 minutes later) | |
| European gas prices broke new record highs on Wednesday, rising sharply to above $1,900 per 1,000 cubic meters. That is equivalent to $186 per megawatt-hour in household terms. | |
| According to data from the Intercontinental Exchange (ICE), the price of November futures on the TTF hub in the Netherlands rose to $1,936 per 1,000 cubic meters, as of 8:28am GMT. | |
| The price of gas on the European market has nearly tripled since the beginning of September, when October futures cost around $730 per thousand cubic meters. | The price of gas on the European market has nearly tripled since the beginning of September, when October futures cost around $730 per thousand cubic meters. |
| Energy prices in Europe have continued to spike as the first string of the Nord Stream 2 pipeline from Russia to Europe is being filled with natural gas. According to pipeline operators, procedures are being carried out to test the pipeline’s capacity, but deliveries to the continent have not yet begun. Nord Stream 2 is still awaiting final authorization from German regulators to turn on the taps. | Energy prices in Europe have continued to spike as the first string of the Nord Stream 2 pipeline from Russia to Europe is being filled with natural gas. According to pipeline operators, procedures are being carried out to test the pipeline’s capacity, but deliveries to the continent have not yet begun. Nord Stream 2 is still awaiting final authorization from German regulators to turn on the taps. |
| According to a recent report from Saxo Bank, the start of operations by Nord Stream 2 in the fourth quarter of this year could drive natural gas prices in Europe down to historic lows. | According to a recent report from Saxo Bank, the start of operations by Nord Stream 2 in the fourth quarter of this year could drive natural gas prices in Europe down to historic lows. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
| Dear readers and commenters, | Dear readers and commenters, |
| We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system. | We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system. |
| Sorry for the inconvenience, and looking forward to your future comments, | Sorry for the inconvenience, and looking forward to your future comments, |
| RT Team. | RT Team. |