Gas prices in Europe rose to $ 494

European countries continue to actively deplete their underground gas storage (UGS) facilities, with reserves now falling below 90%.

Exchange prices for gas in Europe accelerated the growth rate to almost 4% yesterday and exceeded $ 530 per thousand cubic meters - for the first time in almost a year, according to data from the London ICE exchange.

Climate change remains one of the most serious challenges facing developing countries, said Qatar's Minister of Environment and Climate Change, Abdullah Abdulaziz bin Turki Al Subaie, at the COP29 summit. Qatar's approach to combating climate change is based on the National Vision 2030, which places environmental protection at its core.

We need to do more to fight climate change in all areas, the Minister of Climate and Environment of Norway, Tore Onshuus Sandvik,  said at the COP29 summit in Baku. Focusing on three key areas, the minister emphasized the need for national commitments that align with the goal of limiting the temperature rise to 1.5°C. "Every ton counts. We need deep, fast, and sustainable emission reductions," the Norwegian minister said, stressing the importance of ambitious targets.