European Gas Prices Extend Gains As French Strikes Block LNG Imports ...Middle East

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European Gas Prices Extend Gains As French Strikes Block LNG Imports
source : OILPRICE ( Middle East ) () 53
Europe’s benchmark natural gas prices rose on Wednesday morning for a third consecutive day of gains amid lower LNG supply due to the nationwide strikes in France and expectations of a colder start to April than usual. The front-month futures at the TTF hub, the benchmark for Europe’s gas trading, traded up by 1.3% at $47 (43.30 euros) per megawatt-hour (MWh) at noon in Amsterdam, while the equivalent UK benchmark contract was up by nearly 1% at the same time in London.   Wednesday’s trade marked the longest streak of gains…

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