The price of gas in Europe has already fallen to almost $1,100 per 1 thousand. cube. m

The price of gas in Europe in the course of trading on Friday dropped to almost $1,100 per 1,000 cubic meters. m, according to the London Stock Exchange ICE. The total decrease in the cost of gas since the beginning of the day – more than 28%.

The price of March futures at the TTF hub in the Netherlands fell by almost $100 in just 10 minutes of trading – from $1,200 to $1,112 per 1,000 cubic meters. m, or 96.5 euros per MWh (based on the current euro/dollar exchange rate, ICE prices are presented in euros per MWh).
Earlier, Gazprom announced the regular supply of gas for transit to Europe through Ukraine. Application for the transit of Russian gas through the territory of Ukraine on Friday increased by 23.6% compared to the previous day, to 103.8 million cubic meters. m per day.
On the eve of the price of gas futures in Europe at the peak grew by 61.5% and rose above $1,650 for the first time since December 23, 2021.