Skip to content

Europe Natural Gas Prices Surge to EUR 29/MWh Following Russian Attack on Ukrainian Facility

Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday. The surge came after reports emerged of a Russian attack on an underground natural gas storage facility in Ukraine. Despite the escalation, Ukraine’s state energy company Naftogaz assured that gas supplies to Ukrainian consumers remained unaffected. …