European gas futures price saw a 25 percent decrease, according to the ICE data.
Gas January futures price has reduced to $1,200 per thousand cubic meters in the Netherland's TTF hub.
On Dec 21, gas futures prices in Europe topped record $2,000 for 1,000 cubic meters minutes after breaking another record of $1,937.
According to the Financial Times, one of the reasons for the increase in gas prices is that Gazprom refused to supply additional volumes through Ukraine, aimed at increasing exports to Europe.
