Prices extended gains

  • Gas

Prices increased again significantly yesterday in most European gas markets, still supported by strong residential demand and relatively weak supply amid very bullish Asian power and gas markets. JKM spot prices rose to €90.824/MWh yesterday, +14.60% day-on-day, on the back of ongoing exceptional spot baseload power prices on the Japan Electric Power Exchange.

On the pipeline supply side in Europe, Russian and Norwegian flows were stable yesterday, respectively at 321 mm cm/day and 334 mm cm/day on average.

ttf-cal-2022
Share this news :

You might also read :

ES-economy
March 9, 2022

Sanctions against Russia tightened

The Biden administration has announced a ban on fossil fuel imports from Russia: oil, gas, coal. The British government has taken the same decision concerning…
ES-oil
January 10, 2022

Mediterranean troubles

Crude prices steadied above 81 $/b for the March ICE Brent contract and front-month backwardation remained strong, above 60 cents, as Libyan output was expected…
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]