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gas prices - Latest news GMK Center

Photo – Artificial gas shortage jeopardizes steel industry – Longobardo
Artificial gas shortage jeopardizes steel industry – Longobardo

Due to the extension of PSO, the industry is forced to buy gas at the TTF price with a markup

Photo – Will there be enough gas on the domestic market for Ukrainian industry?
Will there be enough gas on the domestic market for Ukrainian industry?

Rising natural gas prices amid problems with domestic production have a negative impact on Ukraine's economy

Photo – Gas prices in Europe rise amid geopolitical tensions
Gas prices in Europe rise amid geopolitical tensions

The price of TTF futures for the month exceeded €40/MWh this week

Photo – European gas prices exceeded €36/MWh in May
European gas prices exceeded €36/MWh in May

The market reacted to geopolitical uncertainty and disruptions in Norway

Photo – European gas prices stabilized at the end of April
European gas prices stabilized at the end of April

Low rates of injection into underground storage facilities and reduced consumption in industry acted as constraints

Photo – Global gas prices plummeted in early April
Global gas prices plummeted in early April

Reduced demand after the end of the heating season in Europe and North America contributed to the price correction

Photo – Electricity prices in Europe fell significantly in March
Electricity prices in Europe fell significantly in March

Last month, the weighted average price for DAM in Ukraine amounted to €121.4/MWh

Photo – European gas prices partially recovered from February’s decline
European gas prices partially recovered from February’s decline

The driver was the statement by the German Ministry of Economy

Photo – Ukraine on the verge of gas crisis and price hikes for industry
Ukraine on the verge of gas crisis and price hikes for industry

Businesses warn of rising costs and loss of competitiveness amid new tariffs

Photo – European electricity markets will have high supply in Q2
European electricity markets will have high supply in Q2

The likely increase in demand in April-June is forecast to be insignificant

Photo – Türkiye has increased gas prices for industry by 20% since October
Türkiye has increased gas prices for industry by 20% since October

The last time gas prices in Turkiye increased in September 2022

Photo – EU leaders agree on measures to combat energy crisis
EU leaders agree on measures to combat energy crisis

The package of specific measures presented by the European Commission has not yet been approved

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