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

23:08 27.07.2022 8231

https://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
165cef17e4fcb1.jpg
Preparations for the Global Methane Forum were discussed at the Ministry of Foreign Affairs of Turkmenistan with a representative of the UNECE

Preparations for the upcoming Global Methane Forum in Geneva in March were discussed on February 15 at a meeting at the Ministry of Foreign Affairs of Turkmenistan with the Director of the Sustainable Energy Department of the United Nations Economic Commission for Europe (UNECE) Dario Liguti, the website of the Turkmen Foreign Ministry reports.


164a0001c1a484.jpg
The head of Turkmenistan took part in the opening of the country’s first “smart” city of Arkadag

On Thursday, June 29, with the participation of President Serdar Berdimuhamedov, large-scale celebrations were held in honor of the opening of the first stage of the new city of Arkadag, built 30 kilometers from the capital of Turkmenistan on the initiative of the Chairman of the Halk Maslakhaty Gurbanguly Berdimuhamedov.


162df95a4663ba.jpeg
Afghanistan increases import of Turkmen liquefied gas

On Monday, Afghan media reported an increase in imports of liquefied natural gas from Turkmenistan to Afghanistan. According to the publications, the Taliban provisional government issued a statement to this effect after a meeting of its economic sector.


16116115a1a9f4.jpeg
Shavkat Mirziyoyev invited the President of Turkmenistan to pay an official visit to Uzbekistan

President of Uzbekistan Shavkat Mirziyoyev invited the head of Turkmenistan Gurbanguly Berdimuhamedov to pay an official visit to Uzbekistan at any convenient time. This is stated in the letter of the Uzbek leader addressed to the head of the Turkmen state, published in the newspaper «Neutral Turkmenistan».


165cef63126b2a.jpg
Representatives of Turkmenistan and Georgia discussed priority areas of cooperation

Priority areas of bilateral cooperation were discussed during the Turkmen-Georgian political consultations held on February 15 at the Ministry of Foreign Affairs of Turkmenistan.