On the Dutch futures market – the benchmark for the gas price in Europe – the price dropped more than 3 percent on Friday to 91 euros per megawatt hour of gas. Compared to previous years, this remains extremely high, but less expensive than the peaks that were previously achieved on the gas market.
LNG gas supplied by ships to European ports helps to replenish European gas supplies. They are now almost at the average level of the past five years. In this way, suppliers arm themselves against disruptions in the Russian gas supply.