According to a report, the u.s. are considering whether to sanction companies working on the Nord stream 2 Russia to eu pipeline. Reportedly, Nord stream 2 could double Russian gas to Germany, providing inexpensive energy as the country makes the transition from coal and nuclear energy.
Reportedly, according to a spokesperson for icis, intelligence analysing european gas has said capacity auctions will be watched intently by the market for any signal concerning flows from Russia. According to the report, the regions biggest supplier said it aims to continue refilling european storage sites. Reportedly, uk natural gas prices have increased from 50 pence per therm in April to £2.30 per therm.