The price of gas futures for November delivery at the TTF hub in the Netherlands stood at $956 per thousand cubic meters – €79.8 per megawatt-hour in household terms – marking a sharp decline of 8%. Earlier this week, Gazprom CEO Alexey Miller said the company was ready to turn …
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“Prices might go up if the winter is very tough,” Mehren said during a televised conference with investors. He stressed, however, that he was not unduly concerned about the current shortage of gas on the market. On Tuesday, prices in Europe hit $1,090 per 1,000 cubic meters on London’s Intercontinental …
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The cost of November futures on the TTF hub in the Netherlands traded at $1,109 for a thousand-cubic-meter unit as of 07:00 GMT, or, in household terms, $107 per megawatt-hour. At its peak, the cost of the commodity reached $1,139 per thousand cubic meters. The crisis in the European gas …
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Poland’s refusal to bow to European Union pressure has revealed a fissure at the heart of the bloc. Brussels simply does not know how to proceed in its battle with Poland over the supremacy of EU law. Some want the Poles punished now, others want more negotiations, while Hungary is …
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The price of November futures on the TTF hub in the Netherlands increased to $1,155 per 1,000 cubic meters on Wednesday, or €96 per megawatt hour in household terms. On Tuesday, gas prices saw a surge of more than 20%, with Europe continuing to struggle to meet increasing demand ahead …
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Speaking to the European Parliament in Strasbourg on Tuesday, European Commission President Ursula von der Leyen said there were three options available to the EU after Poland challenged the primacy of the bloc’s laws over its national law. “This ruling calls into question the foundations of the European Union. It …
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Speaking to Bulgarian broadcaster bTV on Friday, Frans Timmermans, the Commission’s deputy head, said, “Russia is fulfilling its gas supply contracts.” He added that “we have no reason to believe it is putting pressure on the market or manipulating it.” However, Timmermans went on to say that “the demand for …
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On Tuesday, the top court dismissed a case submitted by two dozen people who claim to be survivors of child sexual abuse at the hands of the Catholic clergy from France, Belgium and the Netherlands. The alleged survivors had initially filed a class action in the Ghent Court of First …
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On Monday, Nord Stream 2 AG, the operator of the Nord Stream 2 gas pipeline, announced the start of the filling of the first string of the pipeline with gas in order to achieve the required pressure for further testing. “If Russia manages to launch the Nord Stream 2 pipeline …
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The price of November futures on the Dutch TTF exchange was trading at $1,247.4 per 1,000 cubic meters (or €104 per MWh). Gas prices fell sharply earlier on Monday on news that the Danish Energy Agency approved the start of testing of the Nord Stream 2 gas pipeline’s first string. …
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