European gas may go up in price to $3000 – experts
The cost of gas in Europe may rise to $3,000 per 1,000 cubic meters,
experts, as quoted by RIA Novosti. According to the estimates
Maria Belova, Head of the Research Department of VYGON Consulting
Belova, such a leap is possible because on the spot market at the moment
There is currently an imbalance caused not only by the actions of speculators,
but also a number of fundamental factors.
The company believes that prices are pushed up by cold weather, low
low volumes of gas in European storage and delays in the commissioning of
North Stream 2" as well as the suspension of two
nuclear reactors in France.
According to Vitaly Gromadin, an asset manager at BCS,
the cost of gas in Europe could reach any level. He cited
example of the U.S. state of Texas, where at the beginning of the year amid
gas prices hit a record early in the year amid unusually low temperatures.
Yesterday gas futures in Europe reached
Yesterday European gas futures closed the session at $2100 per 1,000 cubic meters; during the day they were up to $2190.4, a new all-time high.
a new all-time high.