Exchange prices for gas in Europe increased by 6%

11:51; 21 March 2025 year

At the opening of trading on March 21, gas in Europe gained 6% in value. This is evidenced by data from the London ICE exchange.

The April futures price at the TTF hub in the Netherlands reached $506 per 1,000 cubic meters.

Currently, the only way to supply Russian gas to Europe is the Turkish Stream gas pipeline. The transportation of gas from Russia in transit through Ukraine to Europe has stopped since January 2025. Kiev refused to renew the contract with the Russian side.

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