Unions Preparing for Full-Scale Strike at Australian LNG Plants, Threatening Global Gas Supplies

Unions Preparing for Full-Scale Strike at Australian LNG Plants, Threatening Global Gas Supplies

At both facilities, which account for more than five percent of global LNG supplies, unions are now preparing for a full-scale strike. Australia is the largest exporter of LNG in the world. Hundreds of workers at the two facilities began what have been brief strikes on Friday last week, as five days of negotiations over … Read more

Gas Prices Fluctuate: September Delivery Decreases by 16% at TTF hub in Rotterdam

Gas Prices Fluctuate: September Delivery Decreases by 16% at TTF hub in Rotterdam

The price of one megawatt-hour (MWh) of gas with a contract for September delivery was close to 31 euros (CZK 748) at the Title Transfer Facility (TTF) virtual trading hub in Rotterdam around 8:30 a.m. CET on Thursday, marking a daily drop of around 16 percent. In the morning after the opening of trading, the … Read more

Gas Prices Surge as Supply Uncertainty and Demand Question Marks Arise

On Thursday morning, the price of gas with a contract for delivery in July at the virtual trading hub Title Transfer Facility (TTF) in Rotterdam added more than ten percent compared to the previous day, and at one point climbed up to 44.5 euros per MWh, later by a few euros she fell At the … Read more