ICIS TTF Gas Team

News, views and analysis on Groningen and the Dutch gas market, from ICIS's #TTF team. Re-tweets not endorsements.

[ICIS TTF Gas Team @ICIS_TTF]

Dutch #Bergermeer natural gas storage auction attracts huge demand amid a bearish price environment, while the widening #TTF Summer ‘20-Winter ‘20 spread also supported higher capacity prices https://t.co/QtLMFR0UC8 via @ICIS_energy @StemDan #ONGT #natgas #commodities

[Thomas Rodgers @TomLRodgers]

Dutch #TTF traded volumes hit a new all-time high in January

Combined OTC and exchange trade totalled almost 4,500TWh - up more than 50% from last year and over 900TWh more than the last record set in March.

#ONGT #natgas

[ICIS TTF Gas Team @ICIS_TTF]

Monthly output from the giant #Groningen gas field fell slightly MoM in December, according to data from field operator NAM. Output from the field is likely to further decrease in the coming months due to forecast mild temperatures and continued oversupply #ONGT #TTF @ICIS_energy

[ICIS TTF Gas Team @ICIS_TTF]

The latest update on Ukrainian gas transit negotiations https://t.co/kNdbkN6IDz via @ICIS_energy #ONGT #natgas #gastransit #Naftogaz #Gazprom

[ICIS TTF Gas Team @ICIS_TTF]

#TTF front month price jumps after Ukraine's Naftogaz CEO says there is little chance of signing a new transit contract with Russia before 1 January. "The probability of the singing of the transit contract by the 1 January is very close to zero, very small," said Andriy Kobolyev.

[ICIS TTF Gas Team @ICIS_TTF]

Gas storage withdrawals in the Netherlands to be limited in rest of December due to forecasts of mild temperatures coupled with an unfavourable prompt-to-front month spread on the #TTF and high #LNG supply

The latest from @ICIS_energy TTF reporter @StemDan

#ONGT #natgas

[ICIS TTF Gas Team @ICIS_TTF]

TTF-Asian gas prices to remain closely correlated in 2020 https://t.co/AqJTY6BeHL via @ICIS_energy #ONGT #TTF #LNG #natgas #commodities

[ICIS TTF Gas Team @ICIS_TTF]

LNG Edge showed that the 174,000cbm Marshal Vasilevskiy unloaded its cargo at the Dutch Gate terminal on Monday night after waiting outside the port of Rotterdam for almost 3 months. #LNGEdge #LNG #ONGT #natgas #ICISEnergy

[ICIS TTF Gas Team @ICIS_TTF]

Russia’s Nord Stream 2 gets final permit, flows to start in 2020

The latest from @ICIS_energy reporter @diane_pallardy

https://t.co/u00UVWOeRV #ONGT #natgas #NordStream2

[ICIS TTF Gas Team @ICIS_TTF]

#BREAKING: Danish Energy Agency grants construction permit for the Nord Stream 2 pipeline which is now expected to be built on time by the end of 2019 https://t.co/BlfXQzsKbm #ONGT #natgas #NordStream2

[ICIS TTF Gas Team @ICIS_TTF]

A severely over-supplied Dutch #natgas system in the morning of 27 October pushed #TTF balancing prices into a negative territory potentially for the first time ever. Prices fell as low as €-9.98/MWh.

Read the full story from @StemDan & @TomLRodgers on @ICIS_energy #ONGT

[ICIS TTF Gas Team @ICIS_TTF]

GasTerra to operate for some years beyond Groningen close https://t.co/OO6Ti2IKdE via @ICIS_energy @StemDan #ONGT #natgas #TTF #Groningen @GasTerraNL

[ICIS TTF Gas Team @ICIS_TTF]

#TTF evolving from a regional reference price for Europe to a global benchmark for spot #LNG market. Low demand+growing supply in Asia pushed down the ICIS East Asia Index(#EAX) to less than half of where it was one year ago.
The latest from @ICIS_energy LNG reporter @pat_syk

[Patrick Sykes @pat_syk]

German regulator orders immediate implementation of OPAL judgement https://t.co/UhVzJw83ER #natgas #russia

[Patrick Sykes @pat_syk]

Price aside, the other elephant in the room is that the already working @GateterminalBV over the border has plenty of spare #LNG capacity – even after this month's record high send-out. Max daily supply is 37mcm #ONGT

https://t.co/iX4J1yJo3n

[ICIS TTF Gas Team @ICIS_TTF]

Meanwhile, over the water... #ONGT

[Thomas Rodgers @TomLRodgers]

My editorial on the @HouseofCommons select committee review of UK #NatGas security and storage #NBP #ONGT

[ICIS TTF Gas Team @ICIS_TTF]

@GateterminalBV included! Send-out running at 29mcm today. It has only been higher once before, in April 2017, since the terminal opened in 2011 #LNG

[Alexander Thackrah @agthackrah1]

Narrower Asia-Europe price spreads & bullish charter rates have caused Europe's regasified #LNG sendout to surge to a 6-year high. Lots of cargoes en route to Europe in next 10 days too. #ONGT #natgas

[ICIS TTF Gas Team @ICIS_TTF]

One motion rejected that would have forced the Economy Minister to have parliament check his annual strategy. Would have added another link in an already long decision-making chain

[ICIS TTF Gas Team @ICIS_TTF]

#Groningen bill passed by two votes

[ICIS TTF Gas Team @ICIS_TTF]

The new norm is that production will be "never more than necessary", so likely to mean low-demand summer months will take the bulk of the cuts