European Nat Gas Prices Plunge After Gazprom Says May Start Nord Stream 2 Deliveries This Year | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

European Nat Gas Prices Plunge After Gazprom Says May Start Nord Stream 2 Deliveries This Year

We recently wrote about Europe's soaring, record gas prices as Russian nat gas supplies have been suspiciously low, amid growing concerns about Europe's inventory levels as the winter approaches.

The price uptrend was finally broken yesterday - if only for the time being - when as Bloomberg's Stephen Stapczynski explains, Dutch nat gas futures prices (TTF) plummeted by 10% after data suggested Nord Stream 2 started flowing. But that data turned out to be incorrect, and prices quickly rebounded recovered.

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