Gas prices in Europe – highest in three years
Gas prices in Europe have reached their highest level in three years as the gas storage facilities in European Union (EU) countries remain insufficiently filled before winter.
Gas prices in Europe have reached their highest level in three years as the gas storage facilities in European Union (EU) countries remain insufficiently filled before winter.
German gas storage operators warned on Tuesday that there is less and less time left to replenish gas supplies before the upcoming winter. Currently, the stock level is at a record low.
At the gas station in the village of Vatušiai, Rietavas municipality, gas leaked on Monday evening due to a burst pipe.
Economist, Vice President of the Lithuanian Business Confederation Marius Dubnikovas, observing price trends, concludes that we will pay 30% more for heating this winter.
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Russia is increasing its fleet of LNG tankers to supply liquefied natural gas (LNG) to China ahead of the European Union ban coming into effect in 2027.
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