Gazprom suspends transit to Germany via Yamal-Europe gas pipeline

According to the German gas transmission operator Gascade, the physical flow of gas through the Yamal-Europe gas pipeline to Germany has been suspended, Kommersant reports.

Yesterday, December 20, the price of the January futures on TTF on the ICE Futures exchange reached $1921 per thousand cubic meters.

In January, Gazprom booked a capacity of 19.26 million cubic meters of gas per day for transit through Poland via the Yamal-Europe gas pipeline. At the same time, at the auction on Monday transit capacities of 89.1 million cubic meters of gas per day were offered to book.

Gazprom did not book additional capacity of the gas transmission system of Ukraine on the border with Russia for January.