EnergyScan

European gas prices rebounded

European gas prices increased yesterday, more sensitive to falling temperatures (which are now expected to briefly drop below normal during the weekend) to the rise in pipeline supply and the additional drop in Asia JKM prices.

Indeed, Norwegian flows were up again yesterday, averaging 325 mm cm/day, compared to 318 mm cm/day on Friday. After the strong cold snap in the country finally abated, Russian flows continued to normalize, rising to 310 mm cm/day on average, compared to 302 mm cm/day on Friday, now closer to the 319 mm cm/day on average of January 2021.

Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-gas
March 17, 2021

European prices weakened again

European gas prices weakened again yesterday as profit taking continued to exert downward pressure. The drop in parity prices with coal for power generation (both…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet?  Sign up here!

[booked-calendar]