Gas prices in Europe soar after Germany’s decision to suspend the approval of Nord Stream 2

Gas prices in Europe rose significantly, during opening week trading, after Germany announced the suspension of ratification of the operation of the “Nord Stream 2” gas project.

Gas futures rose next March at the TTF Center in the Netherlands to the level of $940 per thousand cubic meters, after it was at the level of $937.

Thus, prices have risen by more than 10% compared to yesterday’s close.

Earlier, Russian President Vladimir Putin confirmed that Russia intends to continue continuous supplies of gas, including liquefied natural gas, to global markets.

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