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TTF Falls With Sleipner Repairs Expected to Take Two Days

NATGAS

The unplanned outage at Norway’s Nyhamna processing plant and at Easington due to transport restrictions at Sleipner riser has been extended until Friday according to Gassco.

  • Gassco added the repair schedule from the operator of the Sleipner riser platform is expected to take two days to repair. Repairs may take longer than two days but it could also go faster.
  • Norwegian pipeline supplies to Europe are today nominated at 263.5mcm/d according to Bloomberg compared to over 340mcm/d in Q1 before maintenance outages.
  • TTF front month has fallen with greater certainty for the timing of the repairs after reaching a high of €38.7/MWh yesterday.
    • TTF JUL 24 down 3.9% at 34.6€/MWh

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