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Europe Gas Extends Gains as Buyers Wrestle With Ruble Payments

  • Benchmark Dutch futures settle higher for a second day
  • Gazprom earlier suspended shipments to Poland, Bulgaria
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WATCH: Gas prices surged as Russia carried through with its threat to halt flows.Source: Bloomberg
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European gas advanced for a second day, as buyers sought to keep the taps open amid a payment dispute with Russia without running afoul of sanctions.  

European Commission President Ursula von der Leyen warned companies not to bend to Russia’s demands to pay for gas in rubles. Payments for this month’s deliveries are due in late April or May.