European prices down again

  • Gas

European gas prices extended (moderately) losses on Friday as the rise in temperatures continued to exert downward pressure.

The drop in Asia JKM prices and in parity prices with coal for power generation (the drop in EUA prices offset the rise in coal prices) also provided some additional downward pressure.

On the pipeline supply side, Norwegian flows dropped slightly on Friday, averaging 270 mm cm/day, compared to 273 mm cm/day on Thursday. As for Russian flows, they were very slightly up on Friday, at 332 mm cm/day on average, compared to 331 mm cm/day on Thursday.

TTF-cal-2022
Share this news :

You might also read :

ES-gas
March 29, 2021

European prices up on Friday

European gas prices were up on Friday, both on the spot and the curve, supported by lower pipeline supply and growing concerns about LNG supply.…
ES-gas
September 22, 2021

European prices weakened slightly

European gas prices weakened slightly yesterday, despite the further rise in Asia JKM prices (+8.10% on the spot, to €80.761/MWh, +1.27% for the November 2021…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]