September 27, 2022 15:30 GMT
- Bloomberg report that Gazprom have warned of a risk that Russia could sanction Ukraine's national oil & gas co Naftogaz. Gazprom warn of the risk that they are unable to pay Ukraine's transit fees, helping prompt a 19% rise in European gas prices Tuesday.
- EUR fades on the Naftogaz headlines - Naftogaz is the Ukrainian national oil & gas co.
- Gazprom warnings of a sanction would cut off one of the last few gas supply lines into the continent (the pipeline carries around 42.4 million cubic metres per day) and provides energy for Slovakia, Hungary, Romania and others via the Soyuz pipeline