to $ 570 per thousand cubic meters approached gas prices on the European forward market at the TTF Hub in the Netherlands, reaching another historical maximum. This was announced on the eve of the agency Prime, referring to the data of trading.
Thus, from the beginning of June 2021, when the price of futures was about $ 316.8, prices rose almost 1.8 times.
The renewal of historical maxima influenced the accident at the Gazprom plant under New Urengoy August 5. Fitch, commenting on RIA Novosti Dynamics on the forward market, explained that among other reasons for the change in gas prices – a decrease in pumping on the Yamal pipeline – Europe, which imposed on the reluctance of Gazprom to increase the supply through Ukraine on the eve of the launch of the “Northern Flow-2” , as well as hot summer and considerable demand for gas in Asia.
Gas prices, the expert believes, will remain volatile and predict the direction of their movement in the short term is impossible.