The megawatt-hour price of natural gas, which was traded at 83.40 euros yesterday in Europe, increased by 10 percent to 91.75 euros.
The July gas contract price traded on TTF, the Netherlands-based virtual natural gas trading point with the highest depth in Europe, opened today at 83.75 euros per megawatt-hour.
Prices rose 10 percent to 91.75 euros per megawatt-hour by the close at 14.38 Turkish time.
The rise in natural gas prices was driven by Russian energy company Gazprom’s warning that natural gas deliveries through the Nord Stream pipeline would drop by 40 percent due to technical problems.
“Gas supplies to the Nord Stream pipeline can currently be provided up to 100 million cubic meters per day instead of the planned 167 million cubic meters per day,” Gazprom said in a written statement.
