Gas on the stock exchange rose above 500 dollars per 1 thousand cubic meters

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The price of December gas futures on the European stock exchange rose to $500.5 per 1,000 cubic meters. This is evidenced by data from the London ICE exchange.

Such a high price is fixed for the first time since November 28, 2023. The dynamics is explained by a significant increase in gas extraction from European underground storage facilities. According to analysts, the selection is almost 50 times higher than the download. The Austrian company OMV also expects a deterioration in relations with Gazprom Export&"under the contract, up to a complete shutdown of gas supplies.