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Gazprom's accounts show the average price Europe paid for Russian gas fell to $169.8 per thousand cubic meters in the third quarter, a 32% drop from a year earlier and the lowest level in 15 years. Gazprom's export sales to Europe and non-CIS countries fell 37% year on year.
The decline is attributed to LNG competition pushing excess supply into Europe.
Cheap Russian and LNG gas in Europe signals a persistent global energy glut that weighs on energy-linked costs and gas-fired fertilizer economics. The direct effect on feed grain prices is small.
intellinews.combne IntelliNews4 dic 2019Tras 62 eventos bajista de informe pasados, Gas natural se movió una mediana de -3,0 % en 5 sesiones (42% al alza; mitad central entre -7,6 % y +4,6 %), y -0,5 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
