Gas prices in Europe rose to the highest since the beginning of the year
19:34 02.03.2022 10209
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.
Aviation kerosene and liquefied gas sold to foreign buyers at the auction
Last week, 20 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
Polypropylene and ESO-93 gasoline sold abroad at the auction
45 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Maxim Bortnikov – Managing Director at the Center for the Implementation of the Principles of Sustainable Development of Gazprombank:
“The theme of the International Conference held in Ashgabat is rather topical, as evidenced by the composition of its participants, including representatives of government agencies, large international organizations, banks, big gas companies, scientists, leading specialists and experts in the oil and gas sphere.
Representatives of Turkmenistan and Tajikistan considered the possibility of creating a joint venture for oil refining
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More than 1.8 million tons of "black gold" were shipped to TCOR in five months
The specialists of the main oil pipelines department have achieved good results in the delivery of "black gold" mined in the Balkan region to TCOR.