European Natural Gas Prices Fall as Freeport LNG Resumes Operations ...Middle East

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European Natural Gas Prices Fall as Freeport LNG Resumes Operations
source : OILPRICE ( Middle East ) () 27
Europe’s benchmark natural gas prices slumped on Monday to the lowest level in one week after the U.S. export facility Freeport LNG resumed some operations following a shutdown due to Hurricane Beryl earlier this month. The Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, were down by 2.7% at $34.09 (31.31 euros) per megawatt-hour (MWh) at 10:54 a.m. in Amsterdam on Monday. Last week, the supply disruptions from Freeport LNG and heat waves across a large part of Europe pushed up European natural gas prices. …

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