European Natural Gas Prices Drop as LNG Flows Stay Above Average ...Middle East

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European Natural Gas Prices Drop as LNG Flows Stay Above Average
source : OILPRICE ( Middle East ) () 28
Europe’s benchmark natural gas prices fell by 2.5% on Tuesday after a four-day-long Easter holiday weekend as arrivals of LNG cargoes remain slightly above the seasonal average, easing concerns about gas storage refill in the spring and summer. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, fell by 2.5% at $49.97 (34.78 euros) per megawatt-hour (MWh) as of 11:28 a.m. in Amsterdam on Tuesday. At the end of the winter heating season, Europe had its natural gas storage sites depleted to levels last seen three years…

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