Article 5TN72 Gas price hike of more than 30% stokes home bills fears for Europe

Gas price hike of more than 30% stokes home bills fears for Europe

by
Rob Davies
from on (#5TN72)

Rise comes amid ongoing concern about intentions of Russia as supplies flow east for 15th day in row

European gas prices have risen by more than 30% on Tuesday, adding to mounting concerns about the cost of heating a home, as supplies that usually come into Europe from Siberia continued to flow eastwards for the 15th day in a row.

The Kremlin has repeatedly denied using Russia's vast gas resources to turn the screw on Europe, after gas coming through the Yamal-Europe pipeline reversed direction three days before Christmas.

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