Gas prices grow 2.6%

Gas prices in Europe exceeded $970 per 1,000 cubic meters during exchange trading on February 4, Report informs referring to the London Stock Exchange ICE.

The price of March futures at the TTF hub in the Netherlands rose to $975 per 1,000 cubic meters.

The overall increase in gas prices has amounted to about 2.6% against the backdrop of declining nominations from Russia’s Gazprom for gas transit through the territory of Ukraine. After a sharp increase in pumping on February 1 to 107.7 million cubic meters, Gazprom has been gradually reducing transit in the following days and set the planned volumes at 73 million cubic meters for February 4.