EnergyScan

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 :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-gas
May 23, 2022

Prices weakened on bearish spot fundamentals

European gas prices weakened again on Friday, pressured by weak demand and comfortable supply. While Russian flows were stable, averaging 227 mm cm/day, Norwegian flows…
ES-power
November 25, 2021

EUAs sky-rocketed on German carbon floor plan

Besides in France where the colder temperatures and weakening nuclear availability lifted the prices further up, the European power spot prices retreated yesterday, pressured by…
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]