Gas prices in European markets continue to rise after the announcement of “Gazprom”

Gas prices in European markets continue to rise after the announcement of “Gazprom”

Wednesday saw a 10% increase in gas prices on European markets, as the price of blue fuel futures contracts surpassed $2,000 per 1,000 cubic metres.
According to the index of the main European centre TTF, and gas futures contracts for the month of October began trading today with a gain of 10. 8% to the level of $ 2047. 3 per thousand cubic metres.

Blue fuel prices started to soar in European markets yesterday morning as worries about Russian gas supply grew in response to reports of damage to the “North Stream” pipelines.
After the Russian “Gazprom” firm’s announcement on the Ukrainian “Naftogaz” company yesterday evening, gas prices began to climb more quickly due to concerns that gas shipments from Russia to Europe via Ukraine might stop.

The claims of “Naftogaz” to “initiate arbitration procedures” on the transit (transit) of Russian gas via Ukrainian territory were emphatically rejected by “Gazprom” on Tuesday. The Russian company claimed that fees for services not rendered by the Ukrainian side should not be paid, and it believed that the Ukrainian company’s hostile stance might subject it to Russian sanctions, which would make it impossible for “Gazprom” to fulfil its obligations to it, including payment.

RT + Prime as a source.

Following “Gazprom’s” declaration, gas prices in European markets have continued to rise.

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