European Gas Prices Jump After Gazprom Threatens Ukraine Transit, Damage to Nord Stream Pipelines

Started by Epoch-Times-Bot, Sep 28, 2022, 08:45 AM

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European Gas Prices Jump After Gazprom Threatens Ukraine Transit, Damage to Nord Stream Pipelines

Natural gas prices jumped in Europe on Tuesday following ruptures to the Nord Stream 1 and 2 gas pipelines under the Baltic Sea and Russia’s warning that it may impose sanctions on the Ukrainian company Naftogaz.
Officials from both the West and Russia are investigating the ruptures to the crucial pipelines that occurred on Sept. 26, and have not ruled out sabotage.
Kremlin spokesman Dmitry Peskov said that Russia is “extremely concerned” about the leaks, and that “no option can be ruled out right now,” telling reporters: “Certainly, this is an issue related to the energy security of the entire continent.”
Ukrainian presidential adviser Mykhaylo Podolyak, meanwhile, wrote on Twitter that the leak is “nothing more than a terrorist attack planned by Russia and an act of aggression toward the EU,” adding that Russia wants to “destabilize the economic situation in Europe and cause pre-winter panic.”...

Source: European Gas Prices Jump After Gazprom Threatens Ukraine Transit, Damage to Nord Stream Pipelines


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