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The price of natural gas exceeds 300 euros per MWh

The price of natural gas in Europe exceeded 300 euros per megawatt hour (MWh) on Wednesday, the highest since the historical record registered in early March, at the beginning of the Russian invasion of Ukraine.

At around 4:50 p.m. (Lisbon time) the price of the Dutch TTF, a benchmark for the European natural gas market, was negotiated in €300,165 per MWh, one 11% increasepressured by the announcement of a complete suspension of Russian gas supplies through Nord Stream 1 for a period of three days.

EDP ​​​​announces an average increase of 30 euros in the monthly gas bill of 650 thousand customers from October

EITHER The pipeline will be closed for three days of maintenance at the end of the month.Gazprom announced last week that this increases economic pressure on Germany and other European countries that depend on the fuel for industry, electricity generation and home heating.

Gazprom: gas deliveries to Europe suspended between August 31 and September 2

Source: Observadora

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