Gas prices in Europe have risen to a yearly high.
15.11.2024
2139
Journalist
Shostal Oleksandr
15.11.2024
2139
Gas prices in Europe have risen to their highest level in the past year due to possible supply disruptions from Russia, reports the Financial Times.
On the Intercontinental Exchange, the European Title Transfer Facility (TTF) index surged by over 5% on Thursday morning, reaching €46 per megawatt-hour. This is the highest level since the end of November last year, reports Ekonomichna Pravda.
A halt in gas supplies may occur following a court decision in the OMV and Gazprom dispute, as a result of which OMV received €230 million. The company intends to apply this amount to the accounts for the contract with Gazprom, which may lead to a deterioration of contractual relations,
Read also
- The Pentagon responded to whether the States have information about Iran's hidden uranium stockpile
- EU Summit: What was decided regarding sanctions against the Russian Federation, negotiations with Ukraine on accession, and financial support
- Another stage of prisoner exchange: Ukrainians who had been in Russia for over three years have returned home
- Rear regions created a strategic reserve for the groupings 'Khortytsia' and 'Tavriya' - OP
- Who stopped the exhumation? Ambassador reported the details of the information diversion arranged by Russians in Poland
- NATO General Explains How the 'Korean Model' Could Work in Ukraine
