Gas prices in Europe have grown after the Gazprom solution not to book transit capacity for December through Belarus and Poland on the Yamal-Europe gas pipeline. This is evidence of the ICE exchange data.
The cost of December futures has grown by 3.9 percent, to $ 979. At 14:10 Moscow time, a thousand cubic meters of gas cost 970 dollars.
At the auction, the volumes of 89 million cubic meters per day on the Yamal-Europe pipeline were proposed. According to the results of the auction, the proposal remained unclaimed. Previously, auctions for October and November were completed to no avail.
In late October, Russian President Vladimir Putin called on Gazprom to increase gas volumes in European storage facilities to overcome the effects of the energy crisis. On November 9, the company reported that it began to execute the plan for the injection of Russian gas into underground storage facilities. On November 12, Gazprom reported that for ten and a half months of 2021, he set 20.6 percent of gas to Germany than for the same period last year.