epa01605886 (FILES) The image shows a gas pressure-gauge of the new gas-compressor station 'Bobrovnytska' in Mryn village, about 130 km of Kiev, Ukraine, 16 December 2008. Russian gas was on its way to Europe 20 January 2009 after the Russian monopoly Gazprom began pumping it into a Ukrainian transit pipeline for the first time since a nearly two-week supply blockade began. Ukrainian Prime Minister Yulia Tymoshenko said in Moscow that Gazprom began the deliveries at 4 am (0100 GMT), and Gazprom said it would resume normal gas flows to Europe about six hours later. EPA/SERGEY DOLZHENKO

Gas Prices in Europe Approach $730 per 1,000 Cubic Meters

The price of gas in Europe approached $730 per 1,000 cubic meters on Monday, according to the ICE exchange.
Thus, the price of the October futures on the TTF hub in the Netherlands on Monday reached $727 per 1,000 cubic meters, or 59.585 euro per MWh.
At the end of last week, the price of gas in Europe exceeded $700, and then $710 per 1,000 cubic meters.

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