July 22, 2022 14:57 GMT
German gas storage is around 65.2% based on the latest operator report.
- “If Russian gas supplies via the Nord Stream 1 pipeline persist at this low level, it will hardly be possible to achieve a storage level of 90% by November without additional measures. The reduction is also affecting the transfer of gas to other European countries such as France, Austria and the Czech Republic.” according to the latest report.
- Russia claim they have not received the documentation for the disputed turbine which is placing uncertainty on Nord Stream 1 flows rising above 40% at any point in the short term.
- TTF AUG 22 up 5% at 163.37€/MWh
- US Natgas AUG 22 up 4.2% at 8.27$/mmbtu