PHOTO
An Equinor employee talks to a reporter on a rig used to produce oil from the Johan Sverdrup oil field some 140 kilometres west from the town of Stavanger, Norway, on December 3, 2019. (Photo by Tom LITTLE / AFP) Image used for illustrative purpose.
European natural gas prices jumped more than ten percent on Monday after the closure of a pipeline linking key producer Norway with Britain.
In morning deals, Europe's benchmark contract for natural gas was at 38.70 euros per megawatt hour. However the price remains far below 2022 levels seen after Russia's Ukraine invasion.
