Montel Logo

    Select your prefered language:

  • * Turkish edition by Montel-Foreks requires separate trial access or subscription.


Technical maintenance

All Montel services are currently unavailable due to planned technical maintenance.

Gas prices jump EUR 17 as NS1 leaks indicate long outage


27 Sept 2022 10:28

27 Sept 2022 10:28

(Montel) European gas prices jumped EUR 17 on Tuesday amid news of leaks discovered on the Russian-owned Nord Stream 1 pipeline, dashing hopes of a restart ahead of winter.

The benchmark Dutch TTF front-month contract was last seen up EUR 16.97 at EUR 190.80/MWh on Ice Endex, while the equivalent on the UK’s NBP was 14.22p higher at 255p/th on Ice Futures.

All hope for the restoration of flows via Nord Stream 1 were gone, said a trader, in light of the leaks identified by the Swedish Maritime Authority, with the pipeline linking Russia and…

Share this article on:

URL copied!

English newswire snapshot

Montel uses cookies to improve this website. By continuing to use our website you agree to our use of cookies. Read more about cookies and our privacy policy.