Gas prices in Europe rose to the highest since the beginning of the year
14:34 02.03.2022 13001
The spot gas price in Europe rose by 29% on Wednesday afternoon compared to Tuesday's close, Interfax reports.
The price of the nearest (April) futures on the TTF hub reached $1,828 per thousand cubic meters, while trading ended at $1,418 on Tuesday, according to data from the ICE Futures exchange.
This is a new high since the beginning of the year. The historical maximum price was recorded on December 21, 2021 - $ 2,138 per thousand cubic meters, and there is very little left before it at the current rate of price growth.
The average price for TTF for February was at the level of $935.
In addition to the difficult political situation around Ukraine, this week in Europe there is a slight decrease in temperature and a sharp decrease in electricity generation from renewable sources – wind generation.
The work of the Interdepartmental Commission on the Caspian Sea was discussed at the Ministry of Foreign Affairs of Turkmenistan
The 63rd meeting of the Interdepartmental Commission of Turkmenistan on the Caspian Sea was held at the Ministry of Foreign Affairs on February 23. The meeting was attended by the relevant Vice-Chairmen of the Cabinet of Ministers of the country, the Director of the Caspian Sea Institute, heads of a number of ministries and specialized departments.
Products of oil refineries were sold at the auction
Last week, 35 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
The President of Turkmenistan and the Vice President of the UAE noted the active dynamics of cooperation in the energy, oil and gas and other spheres
The development of bilateral cooperation was discussed at a meeting on February 21 between the President of Turkmenistan Serdar Berdimuhamedov and the Vice President, Deputy Prime Minister, Minister of the Presidential Administration of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan, who arrived in our country on a visit, TDH reports.
Dynamic development of national investments is carried out at the fields of Turkmenistan
Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov, during an extended meeting of the government last Friday, reported on the work carried out by the oil and gas complex to increase oil and natural gas production, as well as the timely development of national investments in the coming years.
Liquefied gas and jet fuel were sold abroad at the auctions, and polypropylene and base oil were sold to the domestic market
27 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.