Free Trial
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.
NATGAS
NORWAY GAS - The risk of an early cut in Ukraine transit gas combined with Norway Sep maintenance could drive a tighter market just as Europe looks to add the remaining volumes to storage to enter the winter heating season in the best possible position. Storage was up to 87.26% full on Aug 10 according to GIE.
- TTF earlier today rose to the highest since the start of December at €42.9/MWh before easing back slightly.
- Gassco shows capacity reductions of 28.2mcm/d today due to unavailable capacity at Karsto, Troll and Kollnes. Norwegian pipeline supplies to Europe are today nominated in line with levels seen at the weekend at 329.5mcm/d today, according to Bloomberg.
- The Karsto processing facility has reduce capacity by 9.6mcm/d until Aug 15.
- Troll has reduced capacity of 17mcm/d from Aug 10-14.
- The Kollsnes processing facility will reduce capacity by 16mcm/d from Aug 10 to Sept 2.
- Further outages including Kristin, Asgard, Skarv and Sleipner, Visund, Gulfaks, Johan Sverdrup, Heidrun and Njord are currently expected during the last week of August.
- Seasonal maintenance is currently expected to ramp up to around 166mcm/d of unavailable capacity from Sep 2 to Sep 15.
- TTF SEP 24 up 1.2% at 40.88€/MWh
Source: Gassco
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok