MNI BRIEF: Inflation Risks Now Shifted To Downside-BOE Ramsden

MNI: Goolsbee Says Stalled Inflation Means Wait Before Moving

MNI China Daily Summary: Friday, April 19

MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: BAKER HUGHES US RIG COUNT 619; OIL RIGS 511; GAS RIGS 106

EZ/UK Bond Supply Calendar: EU, UK Synd W/C 22 Apr, BoE APF Mon

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

TTF Pulls Back after Spiking on Nord Stream Disruption

NATURAL GAS

TTF gas pulling back slightly after spiking up to 148.75€/MWh on the back of the disruption to Nord Stream gas supplies. TTF up 10% today to 132.35€/MWh.

  • Gazprom are claiming the flow reduction is due to maintenance outages with the return of a turbine delayed in Canada due to sanctions. The German gas regulator states they “cannot confirm a causal relationship between a missing gas compressor on the Russian side and the large supply reduction.”
  • The German regulator are monitoring the situation very closely and is in constant contact with the companies in the gas industry. Companies missing deliveries can procure these volumes elsewhere on the market
  • Gas is still being put into storage now, although at a slightly lower rate due to the higher gas prices.
  • Current storage levels at the storage facilities in Germany are 55.95%.
  • The German Gas Regulator expressly supports the call to save as much gas as possible.
Energy BulletsCommodities
Energy BulletsCommodities

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.