MNI BRIEF: EU Pushes Back Against German Fiscal Revision Call

MNI BRIEF: BoS Revises 25’ CPI Up To 2.5%, 26’ Unchanged

MNI China Daily Summary: Tuesday, March 11

MNI NBP WATCH: Rate Hold; Projections To Give Cut Timing Clue

MNI INTERVIEW: Czech National Bank Seen Holding This Month

MNI INTERVIEW2: China Developers Need More Help To Consolidate

MNI: USDA: 2024/2025 CORN PRODUCTION EST 14.87B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: UK, Germany, Portugal On Wednesday

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

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

NATGAS: TTF Edges Higher on Norway Outages as Temperatures Dip

NATGAS
CEEMEAEnergy BulletsBulletPower BulletsCommodities

TTF edges up from a low of €47.6/MWh yesterday with support from a reduction in Norwegian pipeline supply and slightly cooler weather into the coming weekend. This follows bearish pressure at the start of this week with the return of the US Freeport LNG terminal and Norway's Hammerfest LNG plant and from lower storage withdrawals.

  • Forecasts show temperatures in NW Europe edging lower this week to fall slightly below normal over the weekend followed by a recovery to near normal through the second week of the outlook.
  • Norwegian pipeline supplies to Europe are nominated down to 319.6mcm/d today, according to Bloomberg amid unplanned capacity reductions at Troll, Asgard and Karsto.
  • European gas storage has fallen to 55.8% full on Jan. 26, according to GIE, compared to the previous five year average of 63.2%. Net withdrawal rates have reduced this week to the lowest since Dec. 26.
  • European LNG sendout was down to 321mcm/d over the weekend on Jan. 26 compared to an average of 369mcm/d over the previous week.
  • Algeria gas flows to Italy at Mazara are today at 60.0mcm/d, according to Bloomberg.
  • ICE TTF daily aggregate traded futures volume was 348k on Jan. 27.
    • TTF FEB 25 up 0.7% at 48.21€/MWh
    • TTF SUM 25 up 0.7% at 48.6€/MWh
    • TTF WIN 25 up 0.6% at 43.79€/MWh
207 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.

TTF edges up from a low of €47.6/MWh yesterday with support from a reduction in Norwegian pipeline supply and slightly cooler weather into the coming weekend. This follows bearish pressure at the start of this week with the return of the US Freeport LNG terminal and Norway's Hammerfest LNG plant and from lower storage withdrawals.

  • Forecasts show temperatures in NW Europe edging lower this week to fall slightly below normal over the weekend followed by a recovery to near normal through the second week of the outlook.
  • Norwegian pipeline supplies to Europe are nominated down to 319.6mcm/d today, according to Bloomberg amid unplanned capacity reductions at Troll, Asgard and Karsto.
  • European gas storage has fallen to 55.8% full on Jan. 26, according to GIE, compared to the previous five year average of 63.2%. Net withdrawal rates have reduced this week to the lowest since Dec. 26.
  • European LNG sendout was down to 321mcm/d over the weekend on Jan. 26 compared to an average of 369mcm/d over the previous week.
  • Algeria gas flows to Italy at Mazara are today at 60.0mcm/d, according to Bloomberg.
  • ICE TTF daily aggregate traded futures volume was 348k on Jan. 27.
    • TTF FEB 25 up 0.7% at 48.21€/MWh
    • TTF SUM 25 up 0.7% at 48.6€/MWh
    • TTF WIN 25 up 0.6% at 43.79€/MWh