Yikes! Norway’s Nyhamna #natgas processing plant gonna be offline much longer than initially expected, impacting output from Ormen Lange and Aasta Hansteen fields. The extra 25days arguably is an equivalent of 2bcm lost to European supply. #TTF bouncing higher in response.

Following maintenance that ended on 12 June, #Gazprom’s #TurkStream is flowing #natgas into Europe at similar rates as before the planned outage. That is to say, only about half utilised. #TTF

The Belgian regulator has approved the merger of the #Zeebrugge and #ZTP #natgas hubs. So if you index off our Heren Zee numbers, you'll wanna know about this @ICISOfficial pricing consultation. 🇧🇪 #TTF

We @ICISOfficial are looking for a new Quantitative Analyst for #natgas & #LNG. (I'm not the hiring manager, so pls don't ask me any Qs)

The suspension of the EU #ammonia import duty added to the Euro #natgas demand reduction over the last 6m. Seems it might be around a bit longer... #TTF

After a late diversion, the #LNG Anatolia finally delivered into a power ship near Rio de Janeiro over the weekend. #Gazprom #natgas to Brazilian electricity…

#Hammerfest #LNG coming back one day sooner than expected.

Just over a week until the next @ICISOfficial virtual European #natgas market training course. Not too late to sign up. I will be presenting modules on both days! #TTF #LNG

May 2023 EU+GB #natgas demand was 9% lower that May 2022 demand. Even as the #TTF price was 2/3 lower.

I told everyone this yesterday #Gazprom... keep up.

"Nobody out there is going to go and sign a new contract with #Gazprom in any significant volume," said TMM, head of global gas analytics at @ICISOfficial.

#TTF price response certainly still key By my count (and just v 3yr ave 2019-21) in DE, industrial demand in May was down 29%, while Comm/Res a mega 34%. Power fairly flat though. In GB, 8% cut in gas-to-power, with Comm/Res saving 27%. Industry saving 63% (but share is v small).

European #natgas demand down 19% in May vs 2017-21 ave, early @ICISOfficial data show. In April, savings were 10% below ave. EU only -18% DE -21% GB -24% IT -11% NL -29% FR -23% ES -5% Not temp adjusted. #ONGT #TTF

The majority of those checking Gassco for a #Hammerfest update yesterday, were checking 3-4+ times an hour… Thanks to the 110 peeps who voted. #TTF #natgas

First predication from Equinor on #Hammerfest #LNG restart is on 8-June. Only took them 25 hours to get this out. #TTF #natgas #ONGT

More than 24 hours now since the #Hammerfest leak. Still no clear Gassco REMIT update as far I can tell. Equinor put out a press release out last night. "It is too soon to say when production at the plant can be resumed."

#TurkStream maintenance next week. Start of #natgas day on 5-Jun through to start of day on 12-Jun. European string currently running at just under half its 43mcm/d capacity. #Gazprom #TTF

Japan monthly #LNG imports in May-23 lowest in over a decade. #TTF

European #TTF #natgas trade has closed for the day. It’s been more than 6hrs since the market heard of an incident at #Hammerfest #LNG. I’ve despondently refreshed so many times and yet still no REMIT update. How many times have you checked the site today?

#Hammerfest #LNG #TTF #natgas

Given the events of Sep-2020 at #Hammerfest, I suspect any possibility of a quick reopening will be particularly challenging from a regulatory and H&S perspective. #LNG #natgas #TTF