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Russian Supply Stable at Low Levels

NATURAL GAS

TTF steady so far today as gas supply from Russia remains stable although at low levels.

  • TTF SEP 22 down -0.3% at 198.25€/MWh
  • Nord Stream flows continue to be nominated at about 20% of capacity at 31.8mcm/d. Gas transit through Ukraine is also steady at 42.1mcm/d with flows only coming via Sudzha.
  • European storage injections are still keeping pace with seasonal normal levels thanks to steady Norwegian flows of 331.3mcm/d and high LNG imports. Storage is up to 67.8% full with Germany is at 66.75%, Italy at 71.31%, France at 77.19% and Netherlands at 64.07%.

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