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 fall as Norway outages wane


27 Sept 2023 11:54

27 Sept 2023 11:54

(Montel) Benchmark European gas prices extended a fall on Wednesday as improving Norwegian pipeline supply countered pressure from a so-called short squeeze that drove the market to a three-month high earlier this week.

The front month on the Dutch TTF hub last traded down EUR 0.90 at EUR 39.43/MWh. This morning it fell as much as 5% to EUR 38.26/MWh. On Monday the contract hit a peak of EUR 45/MWh, its highest since 15 June. 

“We see prompt loosening if Norway brings supply back as per Remit [notifications],” said one analyst with a continental utility. 

Norwegian sea pipeline flows were nominated…

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.