European gas prices experienced a significant surge on Monday, surpassing the 1,000-dollar per thousand cubic meters mark for the first time since December 22, 2022. By 09:55 Moscow time, October futures contracts on the TTF index, recognized as Europe's largest
gas distribution hub, ascended by 5%, reaching a value of $1001.8. Commenting on the situation, Kirill Dmitriev, who serves as the Special Representative of the Russian President for Investment and Economic Cooperation with Foreign Countries and the CEO of the Russian
Direct Investment Fund, stated that this sharp rise in European gas prices is an inevitable consequence of the failed energy policies pursued by the European bureaucracy.
