Gas price in Europe exceeded $3,300 per 1,000 cubic meters
09:16 27.08.2022 4087
The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.
The price of the nearest (September) TTF futures on the ICE Futures exchange reached $3,312 per thousand cubic meters.
Since the beginning of August, the average price for TTF was $2,323; in July, gas was traded at an average of $1,764 per thousand cubic meters.
The historical maximum price for gas in Europe was recorded on March 7, 2022, when at some point $3898 was given for the April futures.
The possibilities of the main suppliers of pipeline gas to Europe are technically limited: in Norway, preventive maintenance at the fields continues, and the capacity of the Nord Stream gas pipeline has been reduced due to violations of the maintenance schedule and breakdowns.
Asian buyers earlier this year tried not to force gas purchases on the spot, giving up free volumes to Europeans. However, as winter approaches, they are faced with the task of forming their own gas reserves.
Seydi refinery increases production and export of bitumen
The Seydi oil refinery is consistently increasing the output of oil products and increasing the volume of export deliveries. Over the past period of the year, passing under the motto "Epoch of people with Arkadag", a batch of high-quality road bitumen in the amount of 1300 tons was sent from the enterprise to Uzbekistan.
Volumes of petroleum products for 2022 for domestic consumers have been changed
Turkmenistan has made changes and additions to the volume of oil products for 2022 for domestic consumers, approved by the document of the head of state dated January 21 this year.
The seaport of Turkmenbashi in 2021 increased the volume of cargo transportation by 28%
The seaport of Turkmenbashi in 2021 increased the volume of cargo transportation by 28% compared to 2019. This was announced by the Ambassador, Permanent Representative of Turkmenistan to the UN Office in Geneva, Atageldy Khaljanov, speaking at the conference "International transport and transit corridors: interconnection and development" that opened on Monday in Ashgabat.
Turkmenistan and Kazakhstan aim to promote partnership in the fuel and energy sector, transport and other areas
On February 3, political consultations between the foreign ministries of Turkmenistan and Kazakhstan were held in Astana, the Ministry of Foreign Affairs of our country reported.
Products of TCOR and SC "Turkmengas" sold on the stock exchange of Turkmenistan
49 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.