Dutch and German gas prices remained bearish Friday, falling on both the prompt and the curve in line with the UK NBP market.
The Dutch TTF day-ahead contract was seen trading at Eur22.10/MWh at around midday London time, a decrease of 30 euro cent on the day.
On the TTF, the front-month November was trading at Eur22.45/MWh, falling by 15 euro cent, while the Q1 15 was seen at Eur23.60/MWh, also down by 15 euro cent from Thursday.
On the German GASPOOL hub, the day-ahead was at Eur22.05/MWh at around midday, falling by 35 euro cent on the day, while on the NetConnect it was trading at Eur22.375/MWh, after it closed at Eur22.85/MWh Thursday.
Combined Norwegian gas flows into the Netherlands and Germany through the Dornum and Emden entry points on the Dutch/German border remained essentially stable on the day at around 144 million cubic meters a day at around midday, according to network operator Gassco.
Meanwhile, Russia was nominated to flow 262 million cu m into western Europe Friday, up by 3% day on day, with around 90 million cu m coming through Nord Stream, 79 million cu m through Yamal and 92 million cu m through the Brotherhood pipeline, data from Platts unit Bentek Energy showed.
According to weather forecaster CustomWeather, temperatures in Amsterdam and Berlin were expected to be 4 and 3 degrees Celsius above low/high norms of 7/13 and 4/12 C, respectively, Monday.