Explodes un Russian gas pipeline and splash the gas price. Following the explosion in the Urengoi-Pomary-Uzhhorod pipeline in Russia's Chuvash region just under 700km east of Moscow, Amsterdam's TTF futures soared 6,6% to €115 before falling to 106 euros. After they had reached 103 euros per megawatt hour (-6%) in the morning thanks to the EU agreement on price cap.
But what happened? According to preliminary information, the explosion that caused the fire was caused by a gas leak. At the moment the toll is three people dead and one injured. All gas company employees engaged in pipeline work.
As regards the continuation of direct flows to Europe, he intervened Gazprom to dispel any doubts. "Gas transport is provided in an unchanged way, through parallel pipelines," said the energy giant that deals with gas transport in that area.
The pipeline was planned before the 80s, but was only activated in 1984. It enters Ukraine through the Sudzha measurement point and is currently the main channel for Russian methane to reach Europe, including Italy through Tarvisio, since the Nord Stream taps were closed in August.
But it is not the first time that accidents have occurred. In December 1983, a fire destroyed part of the electronic control system of a compressor station in Urengoy. Another 4 explosions were instead recorded between 2007 and 2014, all in Ukraine.
