Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

EUROPE GAS-Prices extend gains after gas transit capacity auction

10/18/2021 | 07:02am EST

LONDON, Oct 18 (Reuters) - British and European wholesale gas prices extended gains on Monday morning after auctions showed Russia's Gazprom booked a fraction of gas transit capacity via Poland.

* The Dutch wholesale gas price for November was 15.1 euros higher at 103.50 euros per megawatt hour (MWh) by 1043 GMT.

* The Dutch wholesale gas contract for next day delivery rose by 13.15 euros to 100.15 euros/MWh.

* In the UK market, the British wholesale gas contract for immediate delivery was up 26.25 pence to 2.28 pounds per therm.

* The day-ahead price was up 32.0 pence at 2.35 pounds per therm.

* Gazprom booked about a third of offered additional gas transit capacity via the Yamal - Europe pipeline via Poland for November and has not booked any volumes via Ukraine, auction results showed on Monday.

* Deputy Prime Minister Alexander Novak said on Saturday Russian gas consumption is running at a record high but Moscow is still ready to increase supplies to Europe should it receive such requests.

* He also said that commercial gas deliveries via Nord Stream 2 may start right after the German regulator grants its permission.

* The operator of Russia-led Nord Stream 2 gas pipeline on the bed of the Baltic Sea said on Monday the first string of the pipeline has been filled with technical gas. The pipeline is still expected to get a certification from a German regulator to start commercial sales of natural gas.

* "Mixed messages from Russia over the last few days as well as the fact nothing has been booked or flows to northwest Europe have not increased tells us that risk remains firmly on the table," Refinitiv analysts said.

* Temperatures in the UK are forecast to rise significantly above season seasonal norm on the day-ahead but fall again by the weekend, Refinitiv Eikon data showed.

* Wind power in Britain is forecast at 10 gigawatts (GW) on Monday and slightly higher at nearly 12 GW on Tuesday, Elexon data showed.

* The benchmark Dec-21 EU carbon contract went down 0.48 euro to 58.96 euros a tonne. (Reporting by Marwa Rashad; editing by Nina Chestney)


ę Reuters 2021
Latest news "Economy & Forex"
02:18pDow leads Wall Street higher with 2% gain; cyclicals in vanguard
RE
02:10pRetail investors added to Didi selloff after delisting news
RE
02:04pBrazil's soybean planting hits 94%, but southern states face drought risk
RE
02:01pOil rebounds towards $72 on Omicron hopes and Iran talks
RE
01:53pBLOCK TRADE - BAVARIAN NORDIC PRIMARY AEO : Bookrunner says books close at 7.15pm uk / 8.15pm cet
RE
01:52pBLOCK TRADE - BAVARIAN NORDIC : Bookrunner says deal expected to price at dkk 268; books are covered at that price (indicated demand exceeds deal size)
RE
01:45pOil prices extend gains, wti rises more than $3 to session high of $69.28/bbl
RE
01:45pSackler family says billions collected from Purdue not abuse of bankruptcy law
RE
01:44pECB to redesign euro banknotes in inclusion effort
RE
01:41pHERBERT DIESS : Volkswagen's Diess to remain CEO, but with fewer powers - sources
RE
Latest news "Economy & Forex"