December 30, 2024 16:37 GMT
NATGAS: TTF Flat as Markets Prices in End of Ukraine Transit
NATGAS
European gas is flat on Monday appearing to have finished its recent rally on Ukraine gas transit ending tomorrow after no last-minute deal has been found.
- TTF JAN 25 down -0.2% at 47.62€/MWh
- Cold weather later this week and above normal storage withdrawals add support for prices.
- Slovakia Prime Minister Robert Fico urged the EU’s Ursula von der Leyen via a letter to address the looming Russian gas transit halt via Ukraine over the weekend. Fico has faced condemnation from Europe over his recent visit to Putin over the issue.
- Ukraine has received its first US LNG shipment after D.Trading said Dec. 27 it had taken delivery of a cargo into the Greek import terminal at Revithoussa.
- Stormy weather and high windspeeds on New Year's Eve and New Year's Day in the UK could delay the arrival of the Dorado LNG vessel, according to ICIS.
- US LNG export terminal feedgas is 14.33bcf/d today supported by the startup of Plaquemines LNG, Bloomberg shows. Venture Global LNG said Dec. 26 that it has shipped its first commissioning cargo from the facility headed to Germany.
176 words