Gas Prices in Europe Break New Record of Over $730 Per 1,000 Cubic Metres

© AFP 2022 / ADEM ALTANA pressure valve is pictured at a natural gas control centre of Turkey's Petroleum and Pipeline Corporation
A pressure valve is pictured at a natural gas control centre of Turkey's Petroleum and Pipeline Corporation - Sputnik International, 1920, 13.09.2021
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MOSCOW (Sputnik) - Gas prices on the European market have set a new record, topping $730 per 1,000 cubic metres (35,314 cubic feet), trading data showed on Monday.
October gas futures for Dutch TTF, the most liquid European hub, were trading at $713.1 per 1,000 cubic metres at the beginning of Monday's session and then surged to $730.1 per 1,000 cubic metres.
The previous record high was registered on 10 September when gas futures broke through $700 per 1,000 cubic metres.
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