Spot gas price in Europe exceeds $2,300 per thousand cubic meters
15:33 13.08.2022 3300
The spot price of gas in Europe has exceeded $2,300 per thousand cubic meters. The cost of the nearest (September) futures on TTF on the ICE Futures exchange reached $2,311 per thousand cubic meters on Thursday afternoon, while trading started at $2,200, Interfax notes.
Gas prices in Europe are rising due to the limited possibilities of transporting gas through the Nord Stream. Its power was reduced by five times.
European quotes are also spurring rising LNG prices in Asia.
From August 13 until the end of the month, part of the capacities of the Norwegian Troll field and the Kollsnes gas treatment plant will be shut down for annual preventive maintenance. Production capacity will decrease by 20 million cubic meters of gas.
In addition, the Gulf of Mexico is about to enter hurricane season (typically peaking between mid-August and mid-November), which could limit US LNG exports.
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Oil prices continue to rise on Wednesday, renewing the highs since 2014 due to the risks of supply disruptions from the Middle East, Interfax reports.
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At the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, 51 transactions were registered last week.
The delegation of Turkmenistan discussed the implementation of joint projects in Afghanistan
The delegation of Turkmenistan led by Foreign Minister Rashid Meredov made a working trip to Afghanistan, Herat province on December 16-17, according to the website of the Ministry of Foreign Affairs of Turkmenistan.
Extraordinary meeting of the Halk Maslahaty of Milli Gengesh will be held on February 11
Extraordinary meeting of the Halk Maslahaty of the Milli Gengesh of Turkmenistan is scheduled to be held on February 11. This is provided for by the decree of President Gurbanguly Berdimuhamedov, who heads the People's Council – the upper house of the parliament of our country.
The government delegation of Turkmenistan discussed the prospects of the Turkmen-Uzbek partnership in Tashkent
Vice-Chairman of the Cabinet of Ministers of Turkmenistan Serdar Berdimuhamedov, who arrived at the head of a government delegation in Tashkent, met on Monday with President of Uzbekistan Shavkat Mirziyoyev, according to the website of the Ministry of Foreign Affairs of Turkmenistan.