News World

Europe gas price soars 10% on Norway supply disruption

Europe gas price soars 10% on Norway supply disruption
Source: Pixabay

European natural gas prices jumped more than ten percent on Monday after the closure of a pipeline linking key producer Norway with Britain.

In morning deals, Europe’s benchmark contract for natural gas was at 38.70 euros per megawatt hour. However the price remains far below 2022 levels seen after Russia’s Ukraine invasion.

Tags

About the author

AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.







Daily Newsletter