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TTF Steady with Ongoing Low Russian Supply

NATURAL GAS

TTF steady above 200€/MWh with ongoing uncertainty over Russian Supply

  • TTF SEP 22 down -1.1% at 203€/MWh
  • TTF WIN 22 down -1.3% at 198€/MWh
  • Supply from Russia is currently steady but at the reduced amounts. Nord stream is again nominated at 31.8mcm/d today while transit through Sudzha in Ukraine is 41.7mcm/d.
  • Well above normal LNG supplies and steady Norwegian flows are helping to maintain storage injections while EU nations look to reduce consumption as much as possible.
  • Norwegian flows are nominated at 331.1mcm/d and EU storage is now just over 70% full. Storage in Germany is at 69.43%, Italy at 73.39%, France at 79.95% and Netherlands at 66.3%.

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