Gas exchange prices in Europe rose by more than 10% on Tuesday morning amid Russia’s recognition of the independence of the self-proclaimed Donetsk and Luhansk People’s Republics (the so-called DPR and LPR), according to the London Stock Exchange ICE.
Futures for March in the TTF center in the Netherlands rose to almost $ 935 per 1,000 cubic meters. m, or 80 euros per megawatt-hour.
On Monday, Russian President Vladimir Putin announced recognition of the sovereignty of the two republics.
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The leaders of the DPR and LPR signed agreements on friendship, cooperation and mutual assistance with Russia.