Gas supplies from Russia to Europe decreased due to the fact that the number of customers decreased against the background of rising prices. Bloomberg reports this citing sources.
According to the agency, based on prices in long-term contracts, some of the fuel buyers have already exhausted their supply limits. Therefore, they are offered to pay extra for the additional volume at very high market prices, but this option does not suit them.
Note that on the eve of the price of gas at auctions in Europe fell below the level of $ 2 thousand per thousand cubic meters, and on the 23rd the price of January futures at the TTF hub in the Netherlands amounted to $ 1.79 thousand per thousand cubic meters. As experts explained, Europe now does not need additional supplies due to the fall in demand before Christmas.
A few days earlier, Gazprom refused to reserve the capacity of the Yamal-Europe pipeline for gas transit to Germany via Poland. As a result, there was a new surge in natural gas prices in Europe. It was reported that the cost of fuel jumped to a record $ 2,190 per thousand cubic meters, which is extremely painful for residential consumers and industry.
Source: Rosbalt
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