Fitch twice lowered the forecast on gas prices in Europe for 2023

Notable dependence on deliveries from Russian Federation thus will remain, analysts Reytingovoye consider Fitch Ratings Ltd. sharply lowered the forecast on gas prices in Europe and United States of America for 2023, is spoken in the review of agencies of March 13. The predicted average price of gas on the most liquid in EU) TTF hub in Netherlands is reduced by EU twice from $40 for 1000 cubic foots ($1412 for 1000 CBM) to $20 for 1000 cubic foots ($706 for 1000 CBM). The forecast for 2024 remains at the level of $20 for 1000 cubic foots. agencies published the previous forecast in December, 2022. In the message it is noted that the forecast is corrected...