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Home Gas Prices

Bulls still in charge of European gas prices

Editor by Editor
2 years ago
min read1 min
TTF gas prices
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European gas prices ended the week on another bullish note on Friday, supported by the delayed start-up of production at the Asgard field in Norway after seasonal maintenance (15 mm cm/day impact), low wind power generation and a further drop in LNG regas flows from NW Europe import terminals.

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The TTF ICE July-21 contract settled just above the Q1-22 contract at the close in a very unusual move. Strong oil and coal prices (new 2021 highs for Brent and API 2 benchmarks) pushed contracts further high as well on the far curve.

Source: EnergyScan

Tags: EnergyscanEuropean gas pricesNorwegian gas exportsTTF prices
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