EnergyScan

Prices up on temperatures revision and supply concerns

European gas prices were up overall yesterday, supported by the downward revision of temperatures and the ongoing weakness in Norwegian supply. Indeed, due to maintenance works, Norwegian flows were 315 mm cm/day on average yesterday, compared to 316 mm cm/day on Monday, below the 326 mm cm/day of February and 336 mm cm/day of January. Russian flows were very slightly up, at 327 mm cm/day on average, compared to 326 mm cm/day on Monday.

The rise in parity prices with coal for power generation (both EUA and coal prices were up) provided additional upward pressure, particularly for curve prices.

ttf-cal-2022-10
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

ES-gas
March 31, 2022

Prices up again on colder weather

European gas prices were up again yesterday, more sensitive to the drop in temperatures than to the still-comfortable pipeline supply. Indeed, Russian flows were slightly…
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?  Sign up here!

[booked-calendar]