Gas prices in Europe exceed $2,300

Gas prices in Europe during trading on July 27 rose above $2,300 per 1,000 cubic meters for the first time since March 8 against the backdrop of the announced reduction in pumping through the Nord Stream, Report informs referring to the London Stock Exchange ICE.

The overall increase in the cost of gas since the beginning of the day exceeds 10%.

The cost of August futures at the TTF hub in the Netherlands rose to $2,307 per 1,000 cubic meters.