Dear clients,
The exchange price for gas in Europe at the start of trading fell below $1,100 per 1 cubic meter, which is the lowest since November 11.
Earlier, an accident at the section of the Urengoy — Pomary — Uzhgorod gas pipeline jeopardized supplies to Europe, provoking a sharp jump in the cost, exceeding $1,250.
After Gazprom’s announcement about sending gas via alternative routes, the hype subsided. Information about the coming warming in Europe also contributes to the price’s receding.
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