Gas prices in Europe spike on news of no extra transit through Ukraine — RT Business News



European gas prices surpassed $900 per 1,000 cubic meters on Monday, following reports about Gazprom’s decision not to book additional capacities for gas transit through Ukrainian territory.

The price of October futures on London’s ICE jumped to $908 per 1,000 cubic meters after falling below $800 on Friday.




Also on rt.com
European energy crisis ‘could get very ugly’ with winter coming and EU delaying Russian gas supplies



The rally follows Russian energy giant Gazprom’s decision not to book additional capacity for the transit of natural gas through Ukraine for October. Ukraine’s gas transportation operator offered transit capacities amounting to 15 million cubic meters per day for October at an auction on Monday. But according to the auction results, they remained unclaimed, TASS reports. In September, Gazprom booked only 4.3% of the proposed capacity.

The gas market rally subsided later in the day, however, with the TTF hub in the Netherlands trading $881 per 1,000 cubic meters as of 11am GMT.

This change could stem from the news that Europe’s key gas supplier, Norwegian Equinor, received long-awaited permission to boost gas exports from its offshore Oseberg and Troll fields.

For more stories on economy & finance visit RT’s business section



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Releated

UN says Taliban to announce plans for girls’ education ‘soon’

The Taliban will be announcing a plan to allow girls to continue their education, the UN says. Suspicion about girls’ and women’s rights have been rife since the group took over. The Taliban, which took control of Afghanistan, is notorious for historically oppressive regimes.  The Taliban will announce a framework that allows girls to attend […]

דיווח בסוריה: ישראל התנקשה בחבר הפרלמנט לשעבר שישב בכלא הישראלי

דיווח בסוריה: ישראל התנקשה בחבר הפרלמנט לשעבר שישב בכלא הישראלי

סוריה: ישראל התנקשה בחבר הפרלמנט לשעבר שישב בכלא הישראלי ג’קי חורי פורסם ב-18:47 קבל התראות בתיבת הדואר האלקטרוני שלך עבור כתבות מ ג’קי חורי עקוב פורסם ב-18:47 שתפו וחבריכם יקראו את הכתבה ללא תשלום שתפו בפייסבוק שמרו שמרו את הכתבה לרשימת הקריאה שתפו כתבה במייל שתפו כתבה במייל שתפו בפייסבוק שתפו וחבריכם יקראו את הכתבה…