Free Trial

TTF Surges Higher on Nord Stream Reduction

NATURAL GAS

TTF surges higher as Nord Stream flow nominations fall to just 31.8mcm/d and just 20% of normal capacity.

  • TTF AUG 22 up 10.5% at 221€/MWh
  • TTF WIN 22 up 10.3% at 219€/MWh
  • Flows through Ukraine are steady at 42.2mcm/d while Norwegian output is today nominated at 333.3mcm/d.
  • Up until now injections have been maintained into storage due to high LNG imports but the lower pipeline flows may start to impact EU members ability to inject and reach storage target levels.
  • European storage is up to 67.1% as of 25th July with Germany is at 66.75%, Italy at 70.71%, France at 76.11% and Netherlands at 62.23%.

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.