Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/befikry/energyscan.befikry.com/wp-includes/functions.php on line 6121
Sharp rise in prices in Europe – EnergyScan

Sharp rise in prices in Europe

European gas prices increased strongly yesterday, mainly supported by the failure (once again) of Ukrainian TSO to sell any of the interruptible capacity it offered at the Russia-Ukraine border for June delivery at yesterday’s auction. Indeed, this suggests Gazprom would maintain deliveries through Ukraine stable, at levels well below those of last year.

The rise in parity prices with coal for power generation (both EUA and coal prices were up) provided additional upward pressure.

On the pipeline supply side, Norwegian flows were slightly lower yesterday, averaging 278 mm cm/day, compared to 280 mm cm/day on Monday. As for Russian flows, they remained stable, at 332 mm cm/day on average.

ttf-cal-2022
Share this news :

You might also read :

ES-gas
February 26, 2021

Lower prices in Europe and in Asia

With unchanged fundamentals, European gas prices weakened yesterday, pressured by technical selling. The additional drop in Asia JKM prices and the drop in parity prices…
ES-gas
February 12, 2021

Prices dropped again, in Europe and in Asia

European gas prices dropped again yesterday, still pressured by expectations of higher temperatures and stronger LNG supply to Europe in the coming days. The drop…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]