December gas futures at the TTF hub in the Netherlands rose sharply after the decision of the German regulator to suspend certification of Nord Stream 2 AG as the operator of the Russian Nord Stream 2 gas pipeline. By the middle of the trading day, the gas price reached $ 1,050 per 1,000 cubic meters. meters for the first time since October 26, an increase of 11%, according to data from the ICE exchange.
The price of gas has been growing for the second day after Gazprom's refusal to book the Yamal-Europe gas pipeline capacity for December. At the same time, in theory, the Russian company retains the possibility of using capacity reservations at short-term auctions.
Earlier today, the German Federal Network Agency announced that Nord Stream 2 AG must reorganize in accordance with German law. Against the background of this news, Gazprom shares fell by more than 1.3%.
Earlier it was reported that the Swiss Nord Stream 2 AG decided not to transform its existing legal form, but instead to establish a subsidiary in Germany exclusively to manage the German part of the pipeline - this subsidiary should become the owner and operator of the German part of the pipeline. >