EC attempt to thwart reconciliation over natural gas supplies sends benchmarks up

18.05.2022

Dutch wholesale gas prices rose on Tuesday afternoon after further clarification from the European Commission on whether Russian demands to pay for gas in roubles would breach sanctions reignited market fears over supply disruption.

The Dutch day-ahead contract was up 3 euro at 94.90 euro per megawatt hour (MWh) by 1253 GMT having traded down earlier.

The...