Spot prices exceeded $2,900 per thousand cubic meters for the first time since March 8 Natural gas prices in Europe jumped 10% on Monday following last week’s announcement from Russian energy giant Gazprom about an upcoming three-day shutdown of the Nord Stream 1 pipeline for maintenance. The cost of September futures on the TTF hub in the Netherlands rose to €275.9 ($385.5) per megawatt hour, or around $2,905 per thousand cubic meters at 06:16 GMT, according to data from London’s Intercontinental Exchange. It is the highest price for natural gas on the European spot market since March 8. The price rally started l
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