Gas in Europe is again more expensive than $1,000 per thousand cubic meters after the refusal of the Netherlands and Denmark from supplies from Russia
09:07 02.06.2022 11207
The spot price of gas in Europe has exceeded $1,000 per thousand cubic meters amid the failed generation of wind farms, as well as the refusal of the Netherlands and Denmark from the new payment system for Russian gas and the cessation of its supply to these buyers, Interfax reports.
The nearest (already July) futures for the TTF index on the ICE Futures exchange on Tuesday morning rose to $1,046 per thousand cubic meters. The spot gas price in the EU has remained below $1,000 since May 7, but the decisions of Denmark and the Netherlands, as well as the EU oil embargo on Russian oil, gave quotes new growth grounds.
The situation with the generation of electricity from renewable sources in Europe deteriorated sharply on Monday. On May 30, the capacity of wind turbines provided only 5.6% of the energy balance in the EU – this is the minimum value since the end of December last year, according to data from the WindEurope association.
It is predicted that this week the belated spring cold will finally pass, sunny and low-wind weather will set in. This will lead to a reduction in renewable electricity generation and an increase in the use of gas, as well as an increase in energy consumption for air conditioning.
Schoolchildren’s summer holiday season starts in Geokdere
The summer vacation season is currently in full swing in our country. Tired of the school bustle, the children plunged headlong into the atmosphere of joy, fun and new adventures that every day gives them, spent in one of the many children’s health centers in the picturesque corner of our country – the Geokdere Gorge.
The Presidents of Turkmenistan and Kazakhstan discussed issues of bilateral and regional cooperation
During his working visit to Kazakhstan, President of Turkmenistan Serdar Berdimuhamedov met with the Head of the Republic Kassym-Jomart Tokayev, TDH reports.
Serdar Berdimuhamedov: Turkmenistan is interested in expanding multifaceted cooperation in the Central Asia-Italy format
On May 30, President of Turkmenistan Serdar Berdimuhamedov paid a working visit to Kazakhstan, where he took part in the First Summit in the Central Asia-Italy format, held in Astana.
Uzbekneftegaz plans to buy oil from Petronas subsidiary in Turkmenistan
Uzbek holding corporation Uzbekneftegaz and Petronas Charigali (Turkmenistan) SDN BHD are working on a program for supplying Turkmen oil to Uzbekistan in 2023, according to the Uzbek edition of Newshub.uz.
Teleconference between the participants of «OGT-2021» and «Expo Dubai 2020» was held
Today, on the second day of the XXVI International Conference «Oil and Gas of Turkmenistan -2021», a teleconference was held with the participants of the International Exhibition «Expo Dubai 2020». Its participants discussed one of the most pressing topics of our time – the transition to a low-carbon future through the use of natural gas and alternative energy sources.