The cost of gas tetf gas in -ends on the ICE exchange in London on Wednesday jumped by more than 10% against the background of Gazprom’s statements to block the last supply channel from Russia to the European Union, reports Moscow Times.
The contracts for December valued by 12% and for the first time in a month pierced $ 1,400 per thousand cubic meters before reducing growth to 9% by 11.59 Moscow time. Futures for January were 9% and cost $ 1477 per thousand cubic meters, February contracts are traded for almost $ 1,500.
On the eve of Gazprom announced that from Monday, November 28, he would begin to reduce gas pumping to the EU through the gas transmission system of Ukraine, which became the last supply channel after the Yamal-Europe gas pipelines (in May) were stopped at the Yamal-European. “Northern Stream” (in August). The Russian company said that gas is settled in Ukraine, which is intended for Moldova: since the beginning of November, such an imbalance amounted to 24.945 million cubic meters, and reached 52.25 million cubic meters.
And although Kyiv and Chisinau refuted theft of gas, saying that the reserve of Moldavian raw materials is accumulating in Ukraine, and the pipeline itself in the direction of the country works in reverse mode, Gazprom is adamant.