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Amman, Sept. 9 (Petra) — European gas prices continued to rise
Wednesday, climbing to $950 per 1,000 cubic meters for the first time
since December 2022, according to Bloomberg.
October gas futures on the Dutch Title Transfer Facility (TTF),
Europe’s benchmark natural gas price, was up 3.2% to $950 per 1,000
cubic meters.
Prices opened the day’s trading 2.9% higher at $937.70 per 1,000
cubic meters.
The increase comes as gas storage levels at European facilities
dropped faster than usual, while rising demand for liquefied natural
gas in Asian markets put pressure on supplies available for shipment
to Europe.
//Petra// NQ
