RPT-MNI BOC WATCH: More Gradual Approach Seen After 50BP Cut

MNI BRIEF: Beijing To Protect Firms From U.S. Bill - MOFCOM

MNI: SNB CUTS KEY POLICY RATE BY 50 BPS TO 0.5%

MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

GasTerra and Orsted Supply from Russia to Halt

NATURAL GAS

TTF trading higher after pipeline flows from Russia halted to GasTerra in the Netherlands and potentially to Orsted in Denmark. TTF up 2.1% to 93.185€/MWh.

  • GasTerra said flows will stop on 31st May after they refused to pay for gas in roubles. The cessation of Gazprom supply results in a loss 2bcm of gas which GasTerra has replaced from other providers. Orsted is preparing for a cut in supplies from Gazprom after also rejecting their payment terms.
  • Russian supply transit through Ukraine is down to 42.12mcm/d and Nord Stream is also nominated lower at 65.15GWH/h today.
  • Norwegian flows are back up to 332.7mcm/d compared to an average of 310mcm/d last week. A cut in supplies is expected from 8th June as operations at Troll, Heimdal, Kvitebjorn and Visund undergo maintenance for a couple of days.
CEEMEAEnergy BulletsCommodities
CEEMEAEnergy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.