Prices dropped as transit through the Suez Canal resumed

European gas prices dropped yesterday, both on the spot and the curve, pressured by the resumption of shipping flows through the Suez Canal after the Ever Given container vessel was successfully freed.

On the pipeline supply side, due to an unplanned outage at the Kollsnes gas processing plant, Norwegian flows weakened further, falling to 312 mm cm/day on average yesterday, compared to 329 mm cm/day on Friday. Russian flows were stable, averaging 328 mm cm/day.

ttf-cal-2022
Share this news :

You might also read :

ES-oil
February 23, 2021

US RBOB prices lift the global oil complex

Brent prompt future contract rallied to 66.2 $/b, as product buyers aggressively bid gasoline resources in the US to secure to supply in those highly uncertain conditions, lifting…
January 19, 2022

2022 Energy market outlook

The EnergyScan team held its quarterly webinar covering key trends and events on energy markets. In this webinar, our experts addressed the following topics, with…
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? 

[booked-calendar]