European gas prices soar on Russian pipeline news ...News

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European gas prices soar on Russian pipeline news
The export license of the TurkStream operator has been revoked by Dutch authorities due to EU sanctions Natural gas prices in Europe rocketed more than 10% on Friday, to $2,100 per thousand cubic meters, following news that the operator of the TurkStream pipeline had lost its license because of the latest EU sanctions on Russia. November gas futures at the TTF hub in the Netherlands were trading at $2,087 per thousand cubic meters, or €205.995 per megawatt hour. Prices have seen upward pressure due to uncertainty over supply after the Russian-owned operator of the TurkStream pipeline, South Stream Transport, said

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