Russia Cuts Gas Supplies to Europe as Temperatures Drop – The Moscow Times

Russia’s state-controlled Gazprom slashed its gas supplies to Europe over the weekend, sending prices surging as the continent prepares for a week of sub-zero temperatures.

Gazprom also booked only minimal additional capacity on the transit route Monday — 3.8 mcm — worrying markets as gas prices rose across Europe once more.

Russia and Gazprom have previously been accused of trying to squeeze the European gas market to advance its Nord Stream 2 project and push European countries to sign long-term gas deals with Gazprom that guarantee supplies at fixed prices.

Russia Cuts Gas Supplies to Europe as Temperatures Drop – The Moscow Times