Gas prices in Europe fall below $1,340 per 1,000 cubic meters

Europe Materials 11 March 2022 12:59 (UTC +04:00)

The price of gas in Europe on Friday fell below $1,340 per 1,000 cubic meters, according to London’s ICE, Trend reports with reference to TASS.

The price of April futures contract at the TTF hub in the Netherlands fell to $1,331 per 1,000 cubic meters, or 117 euro per MWh.

In general, the price of gas has decreased by 7% since the beginning of trading.

On March 7, the price of gas in Europe grew by 79%, reaching almost $3,900 per 1,000 cubic meters for the first time.