European gas prices surpass $700 for first time since March

Gas prices on the European exchange exceeded $700 per 1,000 cubic meters for the first time since March 23, reports inbusiness.kz citing TASS.

The August futures contract on the TTF hub in the Netherlands rose to around $716 per 1,000 cubic meters. On July 13, exchange prices in Europe had surpassed $600 per 1,000 cubic meters for the first time since June 11.