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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Although the NBP day-ahead was back down to 28 p/th ($3.89/MMBtu) late last week, supply-side issues and the expectation of cooler temperatures saw prices bounce back to over 30 p/th on Tuesday. Temperatures rose significantly above seasonal norms at the weekend, but a return to cooler weather over the coming days is forecast.