The cost of natural gas in Europe broke records in 2021 and exceeded $2,200 per thousand cubic meters, according to the London ICE exchange.

A thousand cubic meters of resource for delivery in April was trading at $2,202 on the Dutch TTF hub. Since the opening of trading on Wednesday, gas has risen in price by more than 51%.

The current price of fuel is the absolute maximum in the history of trading. The previous record of $2,190 was set in December 2021.

Gas prices in Europe began to rise against the backdrop of recent anti-Russian sanctions, as well as reports from foreign companies about withdrawing from joint projects with Russia.