Gas prices in Europe spike on news of no extra transit through Ukraine

September 20, 2021

European gas prices surpassed $900 per 1,000 cubic meters on Monday, following reports about Gazprom’s decision not to book additional capacities for gas transit through Ukrainian territory.

The price of October futures on London’s ICE jumped to $908 per 1,000 cubic meters after falling below $800 on Friday.

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