One of the biggest questions of 2021 for the European gas market was why Russia’s Gazprom did not supply more natural gas to the market at a time of record high prices. After all, it had previously been supposed that Gazprom had spare production capacity and there was definitely enough spare transit capacity in pipelines .
Russian gas giant Gazprom GAZP.MM does not plan to hold auctions for spot gas sales on its Electronic Sales Platform (ESP) this week, Gazprom Export said on Monday. The gas producer last held sales sessions on its ESP in late October to sell volumes due for delivery in the third quarter of 2022 and in .