Prices took a breather

European gas prices dropped yesterday, taking a breather after the previous sessions’ strong increases.

The drop in Asia JKM prices and in parity prices with coal for power generation (both EUA and coal prices were down) provided additional downward pressure.

On the pipeline supply side, Norwegian flows dropped slightly yesterday, averaging 282 mm cm/day, compared to 284 mm cm/day on Tuesday. As for Russian flows, they remained stable once again, at 332 mm cm/day on average.

ttf-cal-2022
Share this news :

You might also read :

ES-gas
May 31, 2021

European prices down again

European gas prices extended (moderately) losses on Friday as the rise in temperatures continued to exert downward pressure. The drop in Asia JKM prices and…
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]