“If you look, the fluctuations go either up or down.
Either gas goes for $1,200, or the price drops to $900.
All fluctuations are determined by a number of factors: for example, the volume of storage facilities, the need for gas from power plants or the volume of wind load.
Therefore, plus or minus $200 volatility from (price. -
RT
) $1000 is normal, and we have been seeing this for nine months in a row, ”the expert said.
The analyst reminded that there is still a local shortage of supply in the gas market.
In addition, as Pikin noted, there are ongoing talks about "cutting off" Russia from this market.
“That is, the problems remain the same as a year ago, only now they are also exacerbated by the geopolitical risks of refusing Russian gas,” the RT interlocutor concluded.
Earlier it became known that the price of gas in Europe fell below $960 per 1,000 cubic meters.
m.
As Gazprom reported on May 16, gas reserves in European UGSFs have been replenished by 13.4 billion cubic meters.
m, and to reach the level of 90% occupancy, companies will have to pump more than 49 billion cubic meters.
m of gas.