TTF Prices Fall to 1-1/2-Year Low

2025-11-13 11:16 By Agna Gabriel 1 min. read

European natural gas futures fell to €30.5 per megawatt-hour, their lowest since May 2024, as ample LNG arrivals and strong Norwegian pipeline flows eased seasonal demand pressures.

Mild, windy weather further suppressed consumption, while warmer conditions in China freed additional LNG cargoes for Europe, contributing to lower prices.

European LNG imports reached 101.38 million tons in the first ten months of the year, up 16.75 million tons from last year.

Strong wind generation continues, with forecasts indicating sustained high output, although temperatures are expected to return to normal from Friday.

EU gas storage stands at 82.61%, below last year but improving, with the storage deficit likely narrowing to around 10 percentage points this week.

Meanwhile, new Russian strikes on Ukrainian energy infrastructure raise concerns that Ukraine may increasingly rely on European gas this winter.



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