Gas prices in Europe are approaching $2000 again

In European countries, a significant rise in gas prices has been observed since the beginning of the week. Analysts believe that the main reason for this is the upcoming planned shutdown of the Nord Stream pipeline, scheduled for July 11.

This is evidenced by the data of the London Commodity Exchange ICE.

Rising gas prices reached $1700 on Monday and reached $1800 by the close. Today, for the first time since March 9, they have exceeded 1900. Thus, gas prices in Europe again, as in early March, are approaching 2000 dollars. The rise in price was seven percent.

If we focus on the largest European hub TTF located in the Netherlands, then the price of natural gas there since the morning, when the exchange day had just begun, was $1865 per thousand cubic meters, after which it slightly decreased, but then a sharp increase followed. According to the latest data, the price maximum was 1930 dollars.

Fuel market participants are concerned about the forthcoming shutdown of the Nord Stream pipeline for maintenance for a period of ten days. They fear that in other directions the volume of gas supply will not be increased for this time. In this regard, there is a risk that the energy crisis in Europe will worsen.

Over the past month, the cost of gas in Europe has doubled. Exactly a month ago it was $881 per thousand cubic meters.

Comments

[Alien From]

Yes, at least ten thousand, General Frost is close.

[Machito]

1900 dollars for 1000 cubic meters of gas And why is it so cheap? I think $10000 for 1000 cubic meters of gas will be just right.
The winter is coming. (C) Game of Thrones.

[dorz]

Here is the keyword exchange prices. Consumers pay much less.

[Brturin]

Quote: Alien From

General Frost is close.

here before winter - heat and drought in Europe ... and these are consumption peaks ...
Due to malfunctions at aging nuclear power plants and hot weather, the share of nuclear generation has decreased to 57%. EDF is forced to use only 43% of the country's nuclear power.... “We are having a peculiar year due to a drought that started early, especially in southeastern France. We have less water available this year,” EDF environmental director Catherine Logier said at a press conference, Reuters reports.
Read more: https://eadaily.com/ru/news/2022/07/06/zasuha-dobivaet-francuzskie-aes-ceny-na-elektroenergiyu-podbirayutsya-k-400-evro
Italians have declared a state of emergency in five Italian regions due to drought. As the press service of the Italian government reported on Monday, this decision was made at a meeting of the Council of Ministers due to "a shortage of water resources in areas adjacent to and related to the Po Valley and the Eastern Alps region"... In Italy, new historical temperature records.https://tass.ru/mezhdunarodnaya-panorama/15122025

[Alien From]

It doesn’t matter if they are fried or frozen, as long as it’s faster!)

[SKVichyakow]

That's exactly right. Use the results of your sanctions. And thank Putin for his gentleness towards you. Anyone else would have blocked all the pipes on the second day. Somehow it doesn’t work out well, you suffer not from the imposition of our sanctions, but from the result of your own actions, but we would like ours as well.

[salavat]

Russophobia is a very expensive thing.

[tihonmarine]

Quote: salavat

Russophobia is a very expensive thing.

The mentality in Europe is like this, or we live like a human, or the whole Caudle, head down from the bridge.

[kulemin0025gmail.com]

And let them set the price for Russian gas at 300 bucks. Well, they are going to establish a minimum price for Russian oil. Here will be a joke))

[TreeSmall]

The main thing that would interfere with undemocratic Russian gas was banned from democratic (Latvian, Estonian)

[tihonmarine]

Quote from: kulemin0025gmail.com

And let them set the price for Russian gas at 300 bucks.

And on the same day, in the European market, the price for gas will already cost 3000 euros.

[kor1vet1974]

They refused to demand, there is no offer, the price is growing .. how is it, the market, right?

[tihonmarine]

Quote: kor1vet1974

They refused to demand, there is no offer, the price is growing .. how is it, the market, right?

So there was no trace of CBO when all of Europe, incited by the United States, began to conclude only spot transactions (used in exchange trading to close obligations under futures contracts), abandoning futures contracts (Futures is a contract according to which the seller undertakes to supply the buyer with the underlying asset at agreed price and within a specified time.
It seems that everything is clear to an ignorant person, where is the profit and where is the loss, but the United States even imposed a "spot" on the smart, and then the hands of the speculators were untied. One Hungary remained on the futures, and the rest, biting their nails, banging their heads against the wall, but jumping off the bridge.
Good luck to you Europe, in your difficult task!

[pharmacist]

"The sheriff doesn't care about the Indians."
They are rich there, how much money they found for Bandera. They will find and how to pay for gas.

[AlexVas44]

... 1865 dollars per thousand cubic meters, after which it decreased slightly, but then a sharp increase followed.

Gazprom in response to Europe's groan: "Note that I did not propose this!"

[Vladimir Vladimirovich Vorontsov]

***

- "Winter Is Coming!"...

***

[APASUS]

Now they will quickly print grandmas and everything will be decided by itself .............. the first time or something

[fif21]

There are prices, but no gas!

[Vladimir Nizhegorodsky]

While the Nord Stream is being serviced, they can come for firewood.
Autumn is not far off.
And we still have to live until winter, in that sense, the inhabitants of democratic Europe and America are unlikely to like the new price tags for gas and gasoline.
Democratic demands will begin to be made to their rulers such as Scholz and Macron.

[Ros 56]

Ah, what a delight. Finally, it may come to the unreasonable that you have to pay for everything. And most of all you have to pay for your own stupidity.

[Nafanya from the sofa]

Chancellor Scholz did not listen well to the stories of his SS-sheep grandfather about the war with Russia.
Nothing. Recall!

[Corrosion inhibitor]

Why won't they exceed these miserable 2000 dollars in any way ...?
It is necessary to exceed, without any options!

[Arkady007]

Again, the Russians are to blame.
What they want is what they do. Either they give you food or they don't.
It's time for Geirope to stock up with rubles and gold to buy gas, flour, oil ...

[Emergency]

Happy for ... Europeans. What good gas they have. Expensive.

[Uprun]

But how will they produce weapons for the outskirts? It is clear that they will give their own from the warehouses, but do you need to put something there for a rainy day? Their military are not fools, with the exception of the defense ministers. Oops, sadness, there is not enough electricity for air conditioners, but here the furnaces of the metallurgical giants of the military-industrial complex need to be heated. As in the classics: "And we have gas in our apartment, and what about you?"

[Alexander Salenko]

Just the chancellor going-and-from - that's it.

[Thrifty]

Let them start extracting gas from the atmosphere of Venus, Jupiter, Saturn, then! The price doesn’t matter, at least a million euros for 10 cubic meters, the main thing is that the gas will not be Russian

[rocket757]

Gas prices in Europe are approaching $2000 again

. It seems that Minister Habek will achieve his goal ... the Germans will have to "turn green" completely by force!
If you don't bathe, you can expect perfumers to get rich off their scented, anti-wrinkle products! It will be in geyropa as in the Middle Ages, they are no strangers.

[Vasilenko Vladimir]

and the jester is with them, they will wash less, they are not new

[Obolensky]

Did Europe itself want to give up Russian energy resources? Of course, not immediately, like gradually. And we are good people, we went to a meeting, why should they suffer so much. And again it's bad ... So they howled like wolves. But then howl, not howl - they themselves are to blame. Let them take a good look in the mirror.

I really look forward to when the townsfolk, ordinary citizens of this "united" Europe will raise their own politicians on the pitchfork. Because an ordinary person needs both light and warmth, and other nishtyaks of civilization. And the politicians are driving them back to the Middle Ages... Let them light the fires of the Inquisition. It will look exactly like it.

[andrey kuznetsov_3]

High gas prices will affect everyone. Inflation and appreciation of almost all types of goods, including essential goods, medicines, logistics around the world. Russia imports more than 40% of various types of goods, respectively, and we will have to pay for high prices, another question is what it will result in for everyone.

[zloybond]

In our country, too, gas, water, electricity have risen in price again .... This is regular with us - well, we don’t see joyful articles on this matter.

[Uprun]

Yeah, everything just got monstrously expensive, 1 kW cost 4,11 rubles, from 01.07.2022/4,32/44,30 as much as 01.07.2022 rubles, cold water is not lifting at all, it was 46,15 rubles. per cube, from 6,81/XNUMX/XNUMX - XNUMX rubles. Just some kind of ruin, the prices of the Krasnodar Territory, there is no information about gas yet, it was XNUMX rubles. per cube You need to drink less, get up on your skis ...

[zloybond]

Don't know. The other day I read an article - one whistler said that in Europe, either for gas or for electricity, the average salary of the goner Geyropets goes to the circle. I looked - on average I have what kind of gas, what kind of electricity it takes about 35 tyr - also an average salary. Well, what did they overdo? Well, the joy for the minions, of course, it should be from the fact that somewhere something has risen in price. BUT you need to look into yourself, and not scoff at your neighbor. This is his problems. And we have ours. You need to worry about them and not jump like the Maydanuts.

[Repellent]

Quote: zloybond

I looked - on average, what kind of gas I have, what kind of electricity costs about 35 tyr - also an average salary

Is it per month or per year? "On the circle" - some strange measure of time ...

[zloybond]

Well, the Europeans cried that on average they pay an average salary per year. I also looked at the year. It's just that we live in a different system of measures, and for us and for them it comes out the same. Didn't see the difference. But they already think it's too much - we think it's good .... here I have a pattern gap - why is it good if we also pay on average?
_... the only thing is this topic with many unknowns. Each of our citizens has a different choir size. I now have such an amount of gas and electricity - someone has more - someone has less. The Geyropians also did not specify what average sizes of huts they take for their beavers. But in the price range of the average fee, we get parity. Of course, there is no need to embellish here about who is drowning with something - we still have half the country on wood or coal, and even dung. So it is possible to show off ideally only with universal gasification of the whole country (as according to Lenin).

[Repellent]

Quote: zloybond

per year

35000 per year for electricity. Hmm. I personally have 760 rubles. per month. Well, let 12000 a year, okay. Three times less. This is in an "electric" house, no gas.

Mining crypto?

[zloybond]

No, crypto is useless. The house, the household, then work with welding, then the condo steams the wine in the basement, cools it ... in general, it somehow runs. Even more so in summer. Again, like preparing for spring work - it will wind up like that. Those. somewhere more - somewhere less. In winter, the gas boiler also constantly drives the system ... In the summer, condos ... and the same burgher middle ones run from where it comes from when the payment arrives.

[Repellent]

Quote: zloybond

House, household, then work on welding, then the condo is sparing

Well, the average "burger" definitely doesn't live that wide.

Quote: zloybond

so the same burgher averages run

According twice (minimum) more resource consumption.

This, IMHO, will be approximately the correct estimate.

[zloybond]

so I say - they didn’t specify the average - what they are crying for - therefore, each patriot minion from their side of the border drowns in their own way for faith and truth.

[isv000]

Everything is going well. The main thing is not to let go of the reins. And offer firewood, for rubles. And, given the ban on the export of unprocessed wood from Russia, to sell the boards - let them drown with eurolining! ..

[pexotinec]

But what about the vaunted LNG supplies from the states? They also promised to flood Europe with gas. Something Scholz is silent. See something went wrong

[Uprun]

The market, as it is, is waiting for a price reduction after Germany receives turbines for JV 1 from Canada. Really wang, the price will drop as soon as the turbines arrive in Germany. But when we find a manufacturing defect on the turbines after repair, then ...., the invisible hand of the market .....