Prices rebounded

European gas prices rebounded yesterday, supported by new weather forecasts pointing to colder temperatures and ongoing weak LNG and pipeline supply. Russian flows were almost stable yesterday, at 317 mm cm/day on average, compared to 318 mm cm/day on Monday, but still significantly below the 371 mm cm/day on average of December 2020. Norwegian flows were stable, averaging 342 mm cm/day, compared to 330 mm cm/day on Monday.

In Asia, JKM spot prices weakened yesterday to €46.551/MWh, -12.80% day-on-day. On the Japan Electric Power Exchange, spot power prices for delivery today eased to €618/MWh, down from €775/MWh for delivery on Tuesday.

ttf-cal-2022
Share this news :

You might also read :

ES-gas
January 26, 2021

Lower prices in Asia and in Europe

European gas prices dropped yesterday, both on the spot and the curve. Prices were pressured by new weather forecasts pointing to milder temperatures, significantly above…
ES-gas
March 29, 2022

Mixed price evolution

European gas prices were mixed yesterday as the impact of colder weather was partly offset by still-comfortable supply. In particular, Russian flows were up yesterday,…
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? 

[booked-calendar]