British and Dutch gas prices rose on Tuesday as fears over a possible disruption to gas supplies to Europe from Russia continued to push prices higher, despite physical flows remaining stable. The British day-ahead gas price rose by 9.7% to 565 pence per therm by 0940 GMT. The British front-month contract was 10.4% higher at 583 p/therm. The equivalent Dutch front-month contract rose 9.7% to 236.50 euros per megawatt hour (MWh) “Although Russian supply continues to flow…. market participants continue to fear disruptions in the near future,” said analysts at Engie EnergyScan. Traders said comments made by Russia late on Monday that it could cut gas supplies via the Nord Stream 1 pipeline to Germany in response to Berlin’s decision last month to halt the opening of the controversial new […]