Head of the resource strategy of Ing Warren Patterson in an interview with RIA Novosti called the Russian export gas pipeline “Northern Stream-2”, the construction of which was completed in mid-September, help to reduce gas prices in Europe.
“First, if we see a quick launch of the” Northern Flow-2 “, it will help improve the delivery picture. Secondly, the current price level in Europe is higher than spotlight [current] LNG prices in Asia,” said the analyst .
According to him, this year, the prices of European habakh, most likely, will remain high – due to low levels of stocks in European storage facilities and increased demand for fuel due to the speed of the heating season.
Since the beginning of August, gas prices in Europe, including the key hub – the Netherlands TTF, remain at an elevated level, largely due to the decline in supply due to the accident at the Gazprom subsidiary factory in New Urengoy.
September 14, the cost of delivery futures in October reached $ 800 per thousand cubic meters (66 euros per megawatt-hour).