Natural Gas Prices Rise 30% Overnight in Europe

With Russia’s entry into Ukraine, gas prices in Europe increased by more than 30% in just one night. Natural gas prices climbed to $118, the highest level in the last 2 months. Prices had seen $180 in December.

Russia launched an attack on Ukraine from different fronts last night, and attacked many cities, including the capital of the country. As a result of this attack, the already declining markets experienced a deep collapse, while the prices of valuable goods increased. While oil rises above $100, gold continues to break the record of recent months.

Of course, this situation had a profound impact on natural gas prices, as Russia is the world’s largest natural gas importer. Gas prices in Europe, after the attack launched It rose more than 30%. Natural gas prices per megawatt hour up to 118 euro climbed. Prices continue to rise.

Latest situation in natural gas:

Bloomberg

The Russian Prime Minister made a frightening post:

Former Russian President and Prime Minister Dmitry Medvedev shared a post after German Chancellor Olaf Scholz suspended the license of Nord Stream 2. Medvedev, in this sharing, Europe’s coming soon We will enter a period in which we will pay 2 thousand euros for a thousand cubic meters of natural gas. had stated.

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Natural gas prices, with the last increase over $1000 per cubic meter. The price of natural gas per megawatt hour had last climbed up to 180 euros in December. As a matter of fact, the price per cubic meter had approached 2000 TL in the same month.

Source :
https://www.bloomberght.com/avrupa-da-dogalgaz-2-ayin-zirvesine-tirmandi-2299696


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