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Next Previous Stabilizing trends in oil after the dive HOME • INSIDER • WORLD • Stabilizing trends in oil after the dive
Slight drop for natural gas
At the same time, European gas is moving with slightly downward trends, & nbsp; whose price is falling to a week low.
Specifically, the price of the May contract in Amsterdam (TTF) stands at 91.77 euros per megawatt hour, with losses of 1.4%, while at the low of the day it had fallen to 89.5 euros.
The Liquefied natural gas (LNG) imports to & nbsp; Northwestern & nbsp; Europe are expected to reach & nbsp; record levels in & nbsp; January, with at least a dozen new shipments by the end of April.
At the same time, however, supplies through pipelines & nbsp; remain limited. Shipments from Norway are & nbsp; about 10% lower & nbsp; lower than & nbsp; last month's average due to maintenance, according to manager Gassco AS.
Similarly, flows from Russia (the continent's largest supplier) ) through Ukraine & nbsp; is well below the levels observed earlier in April. Russia's Yamal-Europe connection continues to transport gas from Germany to Poland, in the opposite direction.
It is recalled that & nbsp; Russian President Vladimir Putin has demanded payments & nbsp; in rubles from “unfriendly” countries and warned that gas flows would be reduced if the conditions were not met. For its part, the & nbsp; EU has stated that & nbsp; the mechanism proposed by Moscow violates the existing sanctions imposed and argued that companies can continue to pay in euros.
According to & nbsp; Maxar However, the demand for natural gas is expected to increase next week due to lower than usual temperatures for the season.
Source: Capital.gr
