Though natural gas prices have been constantly escalating since the beginning of 2021, this September managed to surprise many of industry experts around the world.
With the 30 August price being around $600 [€518] per thousand cubic metres, the mid-September gas trading raised it to $800, and the 29 September ICE Futures Europe registered the all-time history record of $1,000.
This record, however, is likely not to be the final one for this year, as the European economies are s...
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Aliaksei Patonia is a visiting research fellow at the Oxford Institute for Energy Studies and a ReThink.CEE fellow of the German Marshall Fund of the United States. He currently focuses on the global energy transition and policies to incentivise 'green' hydrogen production.