Gas prizes are being inflamed in Europe in preparation for the end of the agreement with Russia

Gas in Europe rose for the fourth consecutive day, with fear of supplies a week before the end of the work with a big deal to transport Russian gas through Ukraine. Standard futures for gas rose 1.2% today, today, Tuesday, more than 10% over four sessions, which emphasize the market with the end of the year. The approaching completion coincides with a gas transition agreement with more cold weather forecasts in wide parts of Europe, which can increase the demand for gas at a time when reserves are consumed faster than normal. Due to the decline in market supplies, customers are struggling for the next year, amid competition with Asia for the sacred supplies. The end of the Russian Gas Transitional Agreement, “The current prices are already reflecting the end of the work with the gas transport agreement, and there is no doubt that the market will see a short jump at the January entry and that transport operations have already been stopped,” according to Florence Schmidt, a strategic energy analyst in Europe at Rabobank. Ukrainian President Folodimir Zellinski hinted last week that his country would prevent the intersection of Russian -Origin gas unless he received the assurance that the Kremlin would not benefit from it during the war. If your gas flow stops, countries such as Slovakia will do especially damage, which is forced to achieve an alternative arrangement and warn of possible financial damage as the stock stops. Since the start of the invasion, Europe is generally trying to stop the dependence on Russian gas transferred by pipelines, but a handful of countries still depend on Moscow’s supplies. Perhaps the supplies stop increasing the demand for liquid gas, which will improve competition between Europe and Asia for shipping at a time when a number of extension projects in liquid gas production delays. The future contracts for the nearest month in the Netherlands, the Standard Index in Europe, rose 0.242% to 45.66 euros per megawat per hour at 09:03 Amsterdam.