Prices extended losses

Prices were down again yesterday in most European gas markets as new forecasts confirmed a warmer weather outlook for the rest of this week and next week. The slight increase in parity prices with coal for power generation (thanks to the rise in EUA prices, which offset the drop in coal prices) helped limit losses on far curve prices.

In Asia, JKM spot prices eased again, falling to €19.992/MWh yesterday, -2.59% day-on-day.

On the pipeline supply side, Norwegian flows rebounded yesterday, averaging 332 mm cm/day, compared to 324 mm cm/day on Tuesday, as the unplanned outage at the Aasta Hansteen gas field started to be resolved. Russian flows remained weak, at 300 mm cm/day on average, compared to 301 mm cm/day on Tuesday.

Share this news :

You might also read :

August 26, 2021

Mixed price evolution

European gas prices were mixed yesterday, unable to find a strong driver. Asia JKM prices and parity prices with coal for power generation, which tend…
April 7, 2021

Strong rise in European prices

European gas prices increased significantly yesterday, supported by the sharp drop in temperatures. The rise in parity prices with coal for power generation (due to…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter
Thank you for subscribing to our newsletter​

We will get back in touch with you soon.

Don’t forget to follow us on twitter!

EnergyScan - Newsletter subscription

Don’t have an account yet?