European gas prices reach new all-time high

European gas prices reach new all-time high Gas prices in Europe skyrocketed on Monday, exceeding $3,600 per 1,000 cubic meters for the first time in history, Report informs, citing foreign media.
Energy
March 7, 2022 13:18
European gas prices reach new all-time high

Gas prices in Europe skyrocketed on Monday, exceeding $3,600 per 1,000 cubic meters for the first time in history, Report informs, citing foreign media.

The April futures at the TTF hub in the Netherlands reached $3,639.1 per 1,000 cubic meters, or 322 euros per megawatt-hour in household terms.

During the last trading session on Friday, the gas traded at $2,300.

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