European gas price reaches nearly $1,200 per thousand cubic metres
The TTF gas price rose 5.06% on October 30, to $1,191.38 per thousand cubic metres, according to exchange data.
Written later, from the reports of that day.
What it means for you
Gas for households in Moldova rose by more than 70% in September, to 24.14 lei per cubic metre. Higher European prices can raise import costs, depending on each supplier's contracts. No date has been announced for any change to the household tariff.
What happened
On October 30, the TTF gas hub in the Netherlands rose 5.06%, to $1,191.38 per thousand cubic metres. According to Trading Economics, European gas prices rose by about 40% in the last month. European prices are a benchmark for Moldova's gas purchase contracts.
In short
- TTF contracts for December 2026 delivery traded at 103.505 euro/MWh on ICE Endex.
- January 2027 contracts reached 103.06 euro/MWh.
- At the start of October, the reference price was around 74-77 euro/MWh.
- In September, the gas tariff for households in Moldova rose by more than 70%, to 24.14 lei per cubic metre.
Original sources
- Se pregătește un nou șoc energetic pentru Moldova? Gazul european s-a scumpit cu 40% într-o lună · in RomanianRead it on Bani.md
- Piața gazelor din Europa, sub presiune. Prețurile au crescut cu 40% într-o lună · in RomanianRead it on Realitatea.md
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