Natural gas prices have jumped this week in Europe on worries about supplies stemming from the conflicts in Israel and Ukraine.
Prices for benchmark European gas contracts are up more than 20 percent since the end of last week. The latest source of concern came after Finland on Tuesday said a pipeline linking the country to Estonia had been damaged, possibly by sabotage. It added to unease in markets the day after the Israeli government ordered Chevron to shut down Tamar, one of the two large gas production platforms the U.S. energy giant operates off Israel’s coast. Israel indirectly exports the gas to Europe via Egypt.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. Primera Oil and Gas is the Trinidadian subsidiary of Touchstone.
