Gas prices in Europe are rising due to record low storage levels ahead of the coming winter and continued conflict in the Middle East.
Supplies gauze in European underground warehouses are slightly above 67 percent, which is the lowest level for this time of year since records began in 2011.
The price of October futures contracts at the TTF hub in the Netherlands rose to 950,3 dollars for 1.000 cubic meters, or 78,925 euros per megawatt hour, Tass reported.
Serbia gets gas from Russia
Member of the Socialist Party of Serbia and director of JP Srbijagas Dusan Bajatovic said in June that the gas supply contract with Russia had been extended for the next three months and expected to be extended soon until the New Year.
"Now we have extended, I haven't announced it yet, although it has already happened, the gas arrangement for the next three months, we will extend it until the New Year soon," said Bajatović in the Serbian Parliament.
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