Free Trial

TTF Higher After Pipeline Explosion in Russian Chuvashia Region

NATURAL GAS

TTF trades higher after an explosion at a Russian gas pipeline in the Chuvashia region according to RBC news, citing the press office of the regional governor.

  • The section of the Urengoy-Pomary-Uzhgorod pipeline goes to Ukraine but an impact on transit flows to Europe has not been reported.
  • Nominations for transit via Ukraine on Tuesday and Wednesday so far remain unchanged.
  • TTF has recovered earlier loses to trade back to positive on the day.
    • TTF JAN 23 up 0.4% at 109€/MWh
    • TTF SUM 23 down -0.3% at 109.8€/MWh
    • TTF WIN 23 down -0.4% at 110€/MWh

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.