Prices took a breather

  • Gas

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
January 29, 2021

European prices rebounded

Prices rebounded yesterday in most European gas markets, supported by new weather forecasts pointing to below-average temperatures in February. To the exception of Spain PVB…
ES-gas
November 4, 2021

Strong price rebound

European gas prices continued their rebound yesterday, posting strong gains as they got support from the rise in Asia JKM prices (+7.15%, to €82.262/MWh, on…
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]