"Due to the end of the time between repairs before overhaul (in accordance with the instructions of Rostekhnadzor and taking into account the technical condition of the engine), Gazprom stops the operation of another Siemens gas turbine engine at the Portovaya CS. Daily capacity of the Portovaya CS from 07:00 Moscow time [04:00 GMT] on July 27 will be up to 33 million cubic meters per day," the statement says.
Shortly after the announcement, the London-based ICE exchange reported that gas futures prices in Europe exceeded $1,850 per 1,000 cubic meters on Monday and are currently increasing by 8%.