Page 1 of 1

Nordstream 2 & gas price

Posted: December 13th, 2021, 8:16 pm
by GrahamPlatt
https://www.theguardian.com/business/20 ... d-stream-2

“In response, Europe’s benchmark gas price climbed by around 10% on Monday to a high of €116.75 (£142.56) per megawatt hour (MWh), just shy of the record closing price of €116.78/MWh set in early October, according to market price data from ICIS.”

Frightening. I didn’t realise the £ had taken such a beating. :shock:

Re: Nordstream 2 & gas price

Posted: December 13th, 2021, 8:24 pm
by scrumpyjack
GrahamPlatt wrote:https://www.theguardian.com/business/2021/dec/13/gas-prices-near-record-highs-berlin-rejects-pipeline-russia-germany-ukraine-nord-stream-2

“In response, Europe’s benchmark gas price climbed by around 10% on Monday to a high of €116.75 (£142.56) per megawatt hour (MWh), just shy of the record closing price of €116.78/MWh set in early October, according to market price data from ICIS.”

Frightening. I didn’t realise the £ had taken such a beating. :shock:


So according to the Guardian 116.75 euros = £142.56, not a surprise. Must be where Diane Abbott learnt maths!