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TTF spot may rise 12% in July as supply tightens

Gas

01 Jul 2020 08:37

Photo: Pexels

Photo: Pexels

Julia Demirdag

Frankfurt

01 Jul 2020 08:37

(Montel) Spot gas prices at Europe’s TTF hub looked set to rise 12% in July, extending last month’s recovery as maintenance to gas infrastructure in Norway and Russia and a slowdown in LNG deliveries tighten supply, analysts said.

The Dutch TTF day-ahead price could average EUR 5.58/MWh this month...…

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