InternationalInternational Economics

Gas prices hit record highs in Europe


The London Intercontinental Exchange announced that the price of natural gas in Europe reached $ 2,150 per 1,000 cubic meters, which is the highest gas price in the history of the continent.

January futures for the Dutch gas exchange hit an all-time high of $ 2,150 per 1,000 cubic meters, up 27 percent from Monday.

Gazprom, a Russian gas exporter, on Tuesday transit gas to Germany via a pipeline یامال– Stopped Europe. According to Dmitry PeskovAccording to the press secretary of the President of Russia, this decision is purely commercial and is not related to the delay of the Rolling Stream 2 project.

Ever since Germany launched the Stream 2 rolling pipeline Delay Europe has seen unprecedented growth in energy prices; Berlin cites concerns about non-compliance with EU regulations as the reason for the delay. Despite strong opposition from the United States, Poland and Ukraine to the pipeline, Germany insists it is not a political delay.

The pipeline was built to deliver Russian natural gas to Europe. The project was completed in September, despite many obstacles, including US sanctions and changes to European regulations.

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