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Energy and Power

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Gas Prices to Increase in Europe After October

Published On 24 Dec 2021 10:21 AM


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The European gas market saw another peak in prices last week.

On 13th December, the price for the Dutch contract broke the previous record of 5th October and reached an all-time high of 116 Euros per MWh. The price increased by eighteen percent in the week ending on 17th December and 79 percent in the month through 22nd December.

The increase in prices came as a result of Russians reducing gas supply via the Yamal-Europe pi....


Tags : Gas Prices, Europe, Russia,
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