Gas price in Europe – what is the market situation today? Members of the European Union believe that Norway should supply gas at a price below market prices. This is reported by the Financial Times.

At the moment Norway is supplying a quarter of all gas supplies to Europe. It is noted that the country’s leadership expects revenue from the export of gas at 100 billion euros, while in 2021 the income was less than 30 billion.

“No matter how great oil and gas revenues seem to Norway’s strategic interests do not correspond to the fact that its neighbors will fall into a deep recession,” the Financial Times said.

Moreover, according to economist Aslak Berg, Norway is interested in contributing to the stability of the European economy. It can make gas prices go down. “It is time to ask Norway to do more, even something that once seemed unthinkable: Norway should agree to lower the price at which it sells its gas,” the publication adds.

Earlier, we reported that the price of gold is declining amid a stronger dollar.