Home » today » Business » German regulator sees signs that gas prices will not rise further | Abroad

German regulator sees signs that gas prices will not rise further | Abroad

CEO Klaus Müller points out that the gas price has not risen significantly this week, despite the closure for maintenance of the Nord Stream 1 gas pipeline. of the gas price”.

Nord Stream 1 is the main pipeline for the supply of Russian gas to Germany. There are fears that Moscow will no longer turn on the gas tap after the scheduled maintenance on July 21.

Gas prices in Europe have more than doubled in the past month to its highest level in months, after Nord Stream 1’s capacity was reduced by 60 percent. There was a slight price drop last week, after the supply of gas from Norway normalized. That supply was disrupted by a strike.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.