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TTF Struggles To Find Direction

NATURAL GAS

TTF front month has been trading between €37.10-42.66/MWh in another volatile session today as markets are awaiting updates on possible strike action at Australian LNG facilities.

  • TTF SEP 23 down -0.4% at 38.64€/MWh
  • Talks between Woodside were scheduled for next Thursday, sources close to the union said earlier this morning. Another source expects the next round of talks on 23 August according to Bloomberg.
  • On 24 August, the ballot to vote for industrial action at Chevron‘s Gorgon and Wheatstone downstream facilities must be completed.

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