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

23:08 27.07.2022 8425

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
164b7a2c563809.jpg
The President of Turkmenistan left for Saudi Arabia to participate in the international Summit

Turkmen President Serdar Berdimuhamedov left for Saudi Arabia on Tuesday, where the Summit of the Gulf Cooperation Council and the Central Asian States (GCC and Central Asia) will be held on Wednesday, TDH reports.


161237730dc008.jpeg
Olympic medalist Polina Guryeva presented with gifts from the President of Turkmenistan

Last Saturday, August 21, in the Olympic town of the capital, a solemn ceremony of presenting state awards to the silver medalist of Turkmenistan in the XXXII Summer Olympic Games in Tokyo – Polina Guryeva was held.


164b7a2fb59753.jpg
Council of Elders Halk Maslakhaty of Turkmenistan established

The Council of Elders of the Halk Maslakhaty has been established in Turkmenistan. The corresponding resolution of the Presidium of the Halk Maslakhaty was signed on Tuesday by the Chairman of the Halk Maslakhaty of the country Gurbanguly Berdimuhamedov.


161233b510ee13.jpeg
Fitch Ratings assigned credit ratings to Turkmenistan at «B» and «B + stable»

The international rating agency «Fitch Ratings» has assigned Turkmenistan a short-term rating at «B» and a long-term rating at «B+ stable», the website of the Ministry of Foreign Affairs of Turkmenistan reports.


165e814689774f.png
At exchange auctions, fuel and energy complex products were sold to foreign and domestic markets

At the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan, 23 transactions were registered last week.