• Global Gas Analytics
  • Analysis & Forecasts

Europe & Russia Price trends

August 2018

Tighter supplies as a result of maintenance and strikes have helped to make prices more volatile during the peak of summer.

European gas prices spiked in the second half of July following reductions in supply caused by planned maintenance. The NBP day-ahead shot up to nearly 64 p/th at the end of the month, while the NCG and GasPool day-ahead prices rose to around 62 p/th during mid-July. Maintenance on North Sea infrastructure and on pipelines – including Nord Stream – have tightened gas flows to...