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natural gas - Latest news GMK Center

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 – There will be no cheap gas for the next two years – due to competition for the resource in the EU
There will be no cheap gas for the next two years – due to competition for the resource in the EU

Ukraine is dependent on gas imports, and domestic production is limited due to destruction by missile strikes

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