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Russia flows steady ahead of gas payments

NATURAL GAS

TTF trading at 95.3€/MWh as Russian flows of gas continue ahead of the next payments to Russia due soon.

  • EU guidance on the method of payment is still open to interpretation but companies expect to be able to keep buying from Russia according to contracts in euros or dollars.
  • Supply from Russia is slightly higher today at 51.6mcm/d with flows coming via Sudzha and nothing via Sokhranivka still. Flows continue as normal via Nord stream.
  • Supply from Norway is relatively similar to the last week with nominations for 316.1mcm/d. Strong LNG flows and warm weather are helping to keep prices lower while storage levels are up to 40.5%.
Energy BulletsCommodities
Energy BulletsCommodities

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