“We have a heating season ahead of us, when gas consumption will increase and, due to this, prices will rise, because the demand for gas will grow, and reserves will decrease,” the economist explained.
He added that, according to preliminary estimates, the cost of gas will rise to about $2,000 per 1,000 cubic meters.
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“This is a price that will hold until spring, then it will drop again,” the specialist specified.
Zubets also said that business in Europe is looking for options to replace gas with cheap fuel, but, according to the expert, this is impossible for a number of industries.
“Most likely, Europe will face massive closures: firstly, energy-intensive industries, and secondly, industries that use gas as a raw material,” the source said.
Earlier, gas prices in Europe fell below $1,800 per thousand cubic meters for the first time since July 25.
Earlier, the Executive Vice President of the European Commission, Frans Timmermans, said that the next winters in the European Union will not be easy.