Gas Prices Break New Record – USD 1,800 for 1,000 Cubic Meters, Gazprom Stops Flows to Germany Through Yamal Pipeline

Gas prices in Europe surpassed USD 1,800 per 1,000 cubic meters for the first time since October, according to London’s ICE.

The price of the January futures on the TTF hub in the Netherlands increased to USD 1,803 per 1,000 cubic meters, or 154.35 euro per MWh, TASS reports.

Earlier, Gazprom did not book capacities for the transit of natural gas through Poland via the Yamal-Europe gas pipeline for December 21.

As a result, the physical flow of gas through the pipeline to Germany stopped this morning.

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