On Friday, Gazprom suddenly decided to remove restrictions on the supply of gas to Europe through Ukraine which were in force for the last six months. Gazprom hoped to bring an end to the reverse of gas from the EU to Ukraine, but this did not happen, Censor.NET reports citing Interfax-Ukraine.
At the British NBP gas with a 24 hour delivery fell to a 44.7 pence per MMBTU ($240,3 per thousand cbm) on Friday. On Thursday, the trading closed at $257, with the year's high at $304 on Feb. 12.
At the Austrian CEGH hub in Baumgarten (receives Russian gas through Ukraine) the deals with Monday delivery were concludes at $243.