Maguire: US LNG exports reach new heights due to strong European demand
The U.S. has exported more than 20% of its LNG this year compared to the same period last year, mainly due to purchases from European nations. These countries accounted for three-quarters of all U.S. orders. According to Kpler (a trade intelligence firm), the total U.S.
Maguire: US LNG exports reach new heights due to strong European demand
The U.S. has exported more than 20% of its LNG this year compared to the same period last year, primarily due to purchases from European nations. These countries accounted for three-quarters of all U.S. orders. According to Kpler (a trade intelligence firm), the total U.S.
Gas stocks in Europe could be more stressed this summer due to less hydro and wind.
The wind speed and lower hydropower stock in Northwest Europe could increase demand for gas-fired and coal-fired electricity generation this summer, at a moment when Europe needs to replenish storage that has been depleted following the winter.
German gas storage operators criticise EU plan for implementation
INES, the industry lobby of Germany's gas storage laws, said that a draft proposal to amend Germany's law on gas storage to align it with European Union regulations and to fill up to the desired level could be unfair to certain operators. It may even reduce supplies.
Prices of gas in Europe are falling as the warm weather reduces demand
The Dutch and British wholesale prices of gas eased Tuesday morning. They traded in a narrow band as the warm weather reduced heating demand. The benchmark Dutch front month contract fell 0.23 euros to 31.62 euro per megawatt-hour (MWh), which is $11.50/mmBtu by 0826 GMT.
Prices of gas in Europe remain stable as the market searches for new inputs
The Dutch and British wholesale prices of gas were volatile on Friday due to a lack fundamental news and a sufficient supply. According to LSEG, the benchmark Dutch front-month contracted eased 0.20 euros to 33.45 euro per megawatt hour. The June contract rose 0.30 euro to 33.63 euro/MWh at 0859 GMT.
Ukraine's Naftogaz signs a contract with Orlen for 100 mcm gas
Ukraine's Naftogaz signed a contract on Thursday for another 100 million cubic meters (mcm), bringing its total purchase volume from Orlen to 300 mcm. After Russian missiles damaged the production facilities to the east of Ukraine, Ukraine was forced…
Prices for gas in Europe are mixed due to economic concerns and storage requirements
The Dutch and British wholesale gas price were mixed on Tuesday, as economic concerns and forecasts for milder weather continued to exert pressure. However, Europe's need to replenish storage also provided support. LSEG data shows that the benchmark…
Naftogaz, the Ukrainian gas company, says it wants to buy 2 billion cubic meters of gas for 1 billion Euros
Naftogaz, Ukraine's state-owned oil and gas company, is in negotiations with the government and international financing institutions to raise one billion euros for the purchase of over two billion cubic meters gas for the heating season 2025/26.
Prices of EUROPE GAS rise amid economic turmoil
Dutch and British gas rates rose Monday morning, in line with the equities market, after some tariff exemptions were granted for Chinese products supplying tech companies. Milder, windier conditions should also allow for increased gas storage filling.
EUROPE GAS-Prices remain volatile amid tariff, gas storage target uncertainty
The Dutch and British gas price are not clear on Friday, but they remain close to recent multi-month-lows. This is because the market continues grappling with the effects of the U.S. trade war induced by tariffs on the global economic situation…
After US tariff pause, prices of gas in Europe rebounded
The prices of Dutch and British gasoline rebounded Thursday, after U.S. president Donald Trump announced a 90-day suspension on tariffs on many trading partners. LSEG data shows that the benchmark Dutch front-month contract increased by 1.5 euros…
The annual earnings of energy trader Danske Commodities have fallen by 48%
Danish energy trader Danske Commodities announced a 48% decline in profits for the year 2024, mainly due to volatility in gas prices. This was partly caused by EU regulations to fill storage 90 percent before winter and the stoppage of Russian transit gas via Ukraine.
As U.S. Tariffs take effect, the prices of gas in Europe will fall in line with those on other markets.
The Dutch and British gas price fell on Wednesday in line with the wider sell-offs of equity and commodities markets, as U.S. "reciprocal" tariffs took effect, which has raised fears about a recession. LSEG data shows that the benchmark Dutch front-month contract fell by 1.07 euros…
Sources say that EU countries are seeking extra flexibility in their gas storage targets
EU diplomats have revealed that the EU is considering rules which would allow countries to deviate from the requirement of 90% gas filling before winter by ten percentage points. In 2022, the EU introduced its gas storage regulations to provide…
EUROPE GAS - Prices range as the market weighs tariff impact
The Dutch and British gas price rose slightly on Tuesday and are expected move in the same direction as the market evaluates the impact of U.S. energy tariffs amid concerns that slow global growth may impact demand. LSEG data shows that the benchmark Dutch front-month contract increased by 0.71 euros…
EUROPE GAS-Global trade fears fuel market volatility
Dutch and British gas rates recovered some of their earlier losses, after increasing on Monday. However, they then fell back down again as fears about a global war leading to a weaker demand for energy fuelled volatility. LSEG data shows that the benchmark Dutch front-month contract fell 0.55 euros…
The price of gas in Europe is rising due to forecasts for cooler temperatures and Norwegian maintenance
Dutch and British gas rates rose on Tuesday, as forecasts called for cooler temperatures over the weekend. They also cited maintenance scheduled at certain Norwegian infrastructure this week. LSEG data shows that the Dutch front-month contract increased…
Prices for EUROPE GAS remain stable despite the latest Sudzha gas stations attack
The Dutch and British wholesale prices of gas were mostly unchanged on Friday, as the recent attacks on a Russian supply point were offset by an improved outlook for supply-demand as winter comes to an end. LSEG data shows that the Dutch front-month…
Prices for EUROPE GAS remain stable as the storage needs continue to support them
Dutch and British wholesale prices for gas were slightly higher on Monday morning, but are expected to be more volatile this week due to the milder weather being offset by the necessity to replenish storages as peace in Ukraine is still elusive.
