Business & Economy

Gas soars in Europe

Gas prices rose on the European futures market, and exceeded $600 per thousand cubic meters for the first time in the history of trading.
One of the financial market data analysts mentioned several reasons for this rise in gas prices.
Among the reasons, she mentioned the low level of gas reserves in Northeastern European reservoirs and the prevailing uncertainty about the launch of the “North Stream – 2” project to transport Russian gas to Germany.

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