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Dip in Norway Supply with Russia Flows Steady

NATURAL GAS

European gas is slightly stronger this morning with TTF front month up 2.2% to 196.5€/MWh.

  • Norwegian flows are nominated lower at 316mcm/d today with Sleipner capacity still cut until tomorrow and with more outages at Troll and Kollsnes expected from the 13th Aug.
  • Russian supply is once again steady with nominations at Nord Streasm at 31.8mcm/d with transit via Ukraine just slightly lower at 41.6mcm/d.
  • High LNG flows continue to assist storage injections with European levels now up to 72.4% full.

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