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Crisis update: Short-term gas price drops further

Short-term gas prices continue to fall. Relatively warm weather for the time of year also helps to keep heating costs still within limits. For the longer term, gas prices are not falling nearly as much. In this crisis update, we put things back on track.

The TTF gas price for November was 133 euros per megawatt hour. View the current figures here. For 'winter 2023', the gas price closed Friday just above 150 euros per megawatt hour.

That there is still talk of a gas price cap in Europe has not escaped Russia's notice either. Russian state gas company Gazprom, in the person of director Aleksey Miller, has let it be known that if the European Commission decides on such a price ceiling for Russian gas, Russia will turn off the gas tap. NOS writes about it in a liveblog.

A support package for Dutch SMEs was announced on Friday (about which more elsewhere on this channel). Earlier, support was promised to Dutch consumers. President Klaas Knot of De Nederlandsche Bank (DNB) is concerned about the impact of the support on households, writes NOS. Support measures, he said, could further drive already high inflation.

The AVBS, the professional association for Flemish ornamental horticulture and greenery, dwells on Flemish energy measures. The Flemish package of measures for companies formulated by minister-president Jan Jambon at the end of September consists of a two-part package: on the one hand, it involves loans and guarantees, and on the other hand, it focuses on premiums and subsidies. Read more here.

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