London — Norwegian pipeline day-ahead natural gas flows to Europe are forecast to continue easing over the coming weeks to October over an unplanned outage which striked the fields delivering into SEGAL pipeline on Sunday.
Norwegian pipeline day-ahead natural gas flows to Europe are forecast to continue easing over the coming weeks due to an unplanned outage which struck fields delivering into the SEGAL pipeline Sunday.
The unplanned works at the fields started at 1625 GMT Sunday to carry out "corrective maintenance," with a within-day and day-ahead impact of 5.8 million cu m/d for a duration of one or two weeks, Norwegian gas operator Gassco said.
"There is a proper move up again [in prices], day-ahead TTF is around Eur1-2/mt up, October TTF plus 40 euro cent/MWh," a European gas trader said.
Further unplanned works at Norway's Asgard gas field continued to cut both the within-day and day-ahead gas flow by 8.6 million cu m/d.
This outage is still expected to last three or four weeks from its start August 24 due to a compressor failure, data showed.
Total Norwegian pipeline exports to the EU were running at 265.94 million cu m at 1023 GMT, compared with 274.65 million cu m/d at 1019 GMT Friday.
Norwegian flows to the Dutch-German border were slightly higher on the day at 138 million cu m, compared with 135 million cu m Friday, though there were lower Russian flows into Germany and the Netherlands via the Velke line, which delivers Russian gas to Ukraine.
"Velke flows are somewhat disturbing," the trader added.
Flows were seen running at 117.2 million cu m Monday, compared with 120.8 million cu m Friday, data from S&P Global Platts Analytics showed.
