Gas Price Sees First Decline Since March 4

During trading in the market, the price of gas in Europe has dropped to $1900 per 1000 cubic meters, marking the first price decrease since March 4. This was reported by the TASS agency, referencing the London ICE exchange.

According to the source, the price of April futures at the Netherlands TTF (Title Transfer Facility) has decreased to $1894.3 per 1000 cubic meters. Overall, the production cost of gas has fallen by more than 22%. On March 7, the price of gas in Europe spiked by 79%, reaching nearly $3900 per 1000 cubic meters for the first time.