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TTF Surges on Lingering Talks Between Chevron and Unions

NATURAL GAS

TTF front month has removed yesterday’s losses, rising to a new intra-day high of €49.325/MWh, after talks between Chevron and the unions have been extended by one more day amid outstanding issues.

  • TTF NOV 23 up 6.1% at 48.9€/MWh
  • TTF Q1 24 up 3.6% at 52.72€/MWh
  • TTF SUM 24 up 3.5% at 51.1€/MWh
  • Mediation talks between Chevron and the unions representing the workers at the firm’s Gorgon and Wheatstone LNG facilities have been further extended to Friday, as there are more outstanding issues according to Reuters.

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