In Friday's trading, European gas prices fell by 2.2 percent, which means a decline of around 10 percent for the entire trading week so far. The decline is also seen on the futures market, where contracts for future gas deliveries are traded.
The cold spell that currently has Europe in a tight grip is expected to be followed by milder winter weather at the end of January, which reduces the demand for gas for heating and stops the rapid depletion of European gas reserves that previously contributed to market anxiety.
At the same time, deliveries of liquefied fossil gas (LNG) continue to cover parts of the shortfall of Russian gas.
Prices of fossil gas in Europe can, due to interconnected electricity markets, affect electricity prices for Swedish households.
