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The price of natural gas in Europe rose by 8.6 percent after Russia's recognition of the independence of the Donetsk and Luhansk People's Republics (DPR and LPR), according to data from the international stock exchange ICE.

Martian futures on the TTF hub in the Netherlands rose above $ 930 per 1,000 cubic meters of natural gas.

At 9:40 Bulgarian time the price is 78.80 euros per megawatt hour, but at the beginning of the day it reached 80 euros.

Yesterday the stock exchange closed at a price of 72.56 euros per megawatt hour.

Natural gas in Europe has fallen by almost 5 percent

The absolute price maximum so far was marked on December 21, 2021 - 166,816 euros per megawatt-hour or over $ 2,000 per 1,000 cubic meters.

Due to the increased supply of liquefied natural gas after December 24, 2021, the values ​​of natural gas in Europe fell below 100 euros per megawatt hour, and on December 31, 2021 the price fell below 70 euros per megawatt hour.

natural gas