The price of gas in Europe exceeded $2,200 per 1,000 cubic meters

23:08 27.07.2022 9490

https://www.oilgas.gov.tm/storage/posts/5180/original-162e0deab41c93.jpeg

 The spot price of gas in Europe by Tuesday evening exceeded $2,200/ths.m3 in anticipation of the failure of another gas pumping unit on the Nord Stream, Interfax reports.

 The cost of the nearest (August) TTF futures on the ICE Futures exchange rose to $2244 on Tuesday evening.

 A day earlier, trading closed at $1,852, and since the beginning of the month, the quotes averaged $1,720.

 Gazprom reported that due to the end of the time between overhauls before overhaul, the concern is stopping the operation of another Siemens gas turbine engine at the Portovaya compressor station (CS).

 As a result, the daily output of the Portovaya CS from 07:00 Moscow time on July 27 will be up to 33 million cubic meters.  m per day compared to the current 67 million cubic meters.  m per day (40% of productivity).

 Analysts at Rystad Energy, a research company, note that with such a level of supplies under SP1, it will be very difficult for the European Union to achieve the target level of gas reserves in UGS facilities of 80% by November 1.  In addition, analysts warn that US LNG supplies to Europe will complicate the upcoming hurricane season.

Other articles
165852a9108b49.jpg
The UN General Assembly adopted a resolution on energy initiated by Turkmenistan

The UN General Assembly unanimously adopted the resolution “The key role of reliable and stable energy connectivity in ensuring sustainable development”, initiated by Turkmenistan, the Ministry of Foreign Affairs of Turkmenistan reports.


166dbe6b7d0747.jpg
Steps for further development of the Galkynyş deposit were considered at a government meeting

On September 6, the President of Turkmenistan Serdar Berdimuhamedov conducted via a digital system a regular sitting of the Cabinet of Ministers, at which a number of issues of state life were considered.


1638ee9db8d69f.jpeg
Key areas of cooperation considered at the Turkmen-American business forum

Key areas of cooperation in the field of trade and investment are on the agenda of the Turkmenistan-US business forum, which opened on Monday at the Chamber of Commerce and Industry of Turkmenistan.


166dbe7375d792.jpg
Turkmenistan drillers increase hydrocarbon production

Independent neutral Turkmenistan, rich in hydrocarbon reserves, continues to strengthen its position in the global energy arena. Drillers of the State Concern "Turkmennebit" make a significant contribution to this.


1638eed1ba2cb2.jpeg
Serdar Berdimuhamedov discussed prospects for trade and investment partnership with US businessmen

Turkmen President Serdar Berdimuhamedov met on Monday with a delegation of US businessmen who arrived in Ashgabat to attend the Turkmen-American business forum.