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European Gas Uncertainty Fueling Further Move

NATGAS

TTF is spiking again, likely on the back of current Sudzha supply fears despite recent communications from numerous officials suggesting the gas route is still functioning.

  • TTF SEP 24 up 3.7% at 39.89€/MWh
  • The current move pushes TTF to the highest price of the year and at levels last reached in December.
  • Ukraine has not been contacted by Russia about the Sudzha gas transit station after reports of hostilities at the plant, Ukrainian energy minister German Galushchenko said on Thursday. He added that the gas transit route was still functioning.

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