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Curve prices extended gains – EnergyScan

Curve prices extended gains

European spot gas prices were up again overall yesterday, supported by an additional tightness on supply. Indeed, Norwegian flows dropped significantly yesterday to 150 mm cm/day on average, compared to 284 mm cm/day on Tuesday, due to a planned heavy maintenance at Kollsnes and Troll and an unplanned outage at Karsto. As for Russian flows, they were stable, averaging 317 mm cm/day.

Curve prices were more strongly up as the rise in Asia JKM prices and in parity prices with coal for power generation (both EUA and coal prices were up) lent them support

Curve prices extended gains
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May 23, 2022

Prices weakened on bearish spot fundamentals

European gas prices weakened again on Friday, pressured by weak demand and comfortable supply. While Russian flows were stable, averaging 227 mm cm/day, Norwegian flows…
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