The price of gas in Europe has reached a record level, exceeding 540 dollars per 1,000 cubic meters, trade data show, Novosti reports.

At 11:30 a.m., September TTF (Europe's most liquid hub) gas futures rose to $ 546.3 per 1,000 cubic meters.

At the same time, at the time of opening the trade, the price was 542.6 dollars, and then fell to 535 dollars.

The record rise in prices comes amid cuts in supplies through the Yamal-Europe gas pipeline following a fire at Gazprom's plant in the Yamal-Nenets Autonomous Okrug.

The transport condensate plant is 23 km from Novi Urengoy.

The fire in the condensate deethanization unit started on the night of August 5, a day later the fire was completely extinguished.

There are no casualties.

EWRC approved a price of natural gas from August 1 in the amount of BGN 57.60.

As a result, Gazprom halved the flow through the Yamal-Europe gas pipeline: if during the day the German GTS received about 1.9-2.1 million cubic meters at the entrance, then after 18:00 the intake dropped to one million cubic meters. time ...

This morning, the volume of pumping has increased slightly - to 1.5-1.6 million cubic meters per hour.

At the same time, Gazprom shares are losing one percent of their price, having previously fallen 2.83 percent.

price of natural gas

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