Gas prices in Europe have risen to a yearly high.
15.11.2024
1758
Journalist
Shostal Oleksandr
15.11.2024
1758
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 Armed Forces have cleared 95% of the village of Bahatyr in Donetsk region
- Checking for Affiliation with the Russian Federation. The Cabinet approved a key document for churches
- Russians are intensifying combat activity in the Vovchansk direction and in the Sumy region
- The Defense Forces improved the tactical position on three key fronts - Naev
- Battles near Kharkiv: occupiers launched an assault on Liptsi with armored vehicles and motorcycles
- A category for documenting damaged non-residential properties has appeared in the Damage Register
