“Several factors influenced (the price -


) in the aggregate.

First, there are factors that were objective, just weather: cold winters, hot summers.

There were high prices in winter, many companies were waiting for summer to buy, but summer came and prices did not fall.

Great demand in Asia, high prices in Asia.

These are opportunistic plots, and there is also something that is associated with fundamental factors.

Europe has moved away from long-term contracts that would oblige to supply gas even when prices are high on the stock exchanges, ”explained Mitrahovic.

He noted that “Europe has convinced itself that the exchange is necessarily a low price,” but, as the expert emphasized, this is not the case in practice. 

“So all these factors came together.

As for the future, I think that the price reduction may occur with the launch of Nord Stream 2.

But since it is just getting ready for work and there are antitrust restrictions, then, of course, its launch will not change the situation instantly ... It will help prices fall, but this is not an instant solution to the problem.

If Europe decides to remove antimonopoly regulation in relation to Gazprom, then such news will push prices down, ”the expert concluded.

Earlier it was reported that during the auctions the price of gas in Europe exceeded the $ 700 mark per 1,000 cubic meters.

The cost of the October futures on the TTF hub in the Netherlands on September 9 at 17:27 Moscow time exceeded $ 700 per 1,000 cubic meters.