MNI: Fed’s Schmid Says Rates Nearing Neutral, Can Be Patient

MNI BRIEF: Gilt Moves Orderly, 'So Far, So Good'- BOE Breedon

MNI: Fed’s Collins Calls For Gradual Approach To Rate Cuts

MNI BRIEF: Banxico Set To Consider Larger Rate Cuts - Minutes

MNI BRIEF: Mexico Inflation Up To 4.21%, More Rate Cuts Loom

MNI China Daily Summary: Thursday, January 9

EZ/UK Bond Supply Calendar: EU Synd; IT Auction, BoE APF Mon

MNI: EUROZONE NOV RETAIL SALES +0.1% M/M, +1.2% Y/Y

MNI: GERMANY NRW DEC CPI +0.5% M/M, +2.5% Y/Y

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

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

NATGAS: TTF Jumps on Gazprom 2025 Leaked Plans

NATGAS
Energy BulletsBulletPower BulletsCommodities

Russia’s Gazprom is making the assumption no gas flows will go via Ukraine after Dec 31 in internal planning according to Reuters exclusive. 

  • TTF DEC 24 down -1.7% at 46.92€/MWh
  • TTF jumped higher on the headline despite this likely being the base case scenario for the European gas market at present.
  • The source said Russian gas exports to "far abroad" - Gazprom's term for Europe and Turkey, excluding ex-Soviet countries - are expected to fall by a fifth in 2025 to just below 39 billion cubic metres from more than 49 bcm expected this year due to the end of the Ukrainian route.
  • It is unlikely flows to Turkey will fall given its transit hub intentions. 
113 words

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.

Russia’s Gazprom is making the assumption no gas flows will go via Ukraine after Dec 31 in internal planning according to Reuters exclusive. 

  • TTF DEC 24 down -1.7% at 46.92€/MWh
  • TTF jumped higher on the headline despite this likely being the base case scenario for the European gas market at present.
  • The source said Russian gas exports to "far abroad" - Gazprom's term for Europe and Turkey, excluding ex-Soviet countries - are expected to fall by a fifth in 2025 to just below 39 billion cubic metres from more than 49 bcm expected this year due to the end of the Ukrainian route.
  • It is unlikely flows to Turkey will fall given its transit hub intentions.