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Europe |
Natural gas prices surge higher in Europe as Russia withholds key supplies |
2022-01-07 |
[BIZPACREVIEW] The price of natural gas skyrocketed more than 30% in Europa ![]() on Tuesday after Russia continued to withhold key supplies with winter weather approaching. While the price, measured by the Dutch natural gas index, fell after its early spike, it remained about 20% higher at around midday Tuesday, Rooters reported. In December, Russian state-owned gas provider Gazprom slowed gas flows transported through the Yamal-Europe pipeline to Germany and reversed the flows’ direction from westward to eastward. |
Posted by:Fred |
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