The debate over whether Russian independents should be allowed to export pipeline gas continued in Amsterdam and Sochi this week.
The advent of LNG exports from the United States offers a window of opportunity for buyers looking for a stable gas price.
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NBP day-ahead prices have fallen by over 5 p/th ($0.73/MMBtu) during the past week – the biggest drop seen so far this year. The day-ahead price had fallen back down to 29 p/th on Tuesday from the highs of 34-35 p/th seen last week. Day-ahead prices at the continental hubs have seen similar declines, with the TTF around 28 p/th on Tuesday, down from 33 p/th last week.