According to the expert, before that there was a rather rapid decline in prices associated with the coincidence of a set of reasons.
Among the influencing factors, Yushkov named the accumulation of gas in storage facilities by Europeans, which calmed the market, as well as a decrease in air conditioning costs in September due to the end of the heat wave and the delay in the start of the heating season.
“Now we see that the heating season is starting and the further we go, the more we will spend on heating.
Demand rises, price rises.
Rather, the situation in the markets is now normalizing,” the analyst said.
In his opinion, the most difficult period in Europe will be at the end of winter February-March.
“Because there is not enough gas in underground storages and it turns out to extract quite a bit every day.
There is an increase in imports,” Yushkov explained.
Earlier it became known that the price of gas in Europe by the close of trading had almost reached $1,400 per thousand cubic meters.