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Julien Hoarau Profile picture
Julien Hoarau
@Hoarau_J
Head of @Energyscan_egm Views are my own #ONGT #OCTT #LNG #power #coal
Jun 16, 2023 • 10 tweets • 6 min read
THREAD: TTF month-ahead prices jumped from a low at €23/MWh early June to an intraday high at almost €50/MWh yesterday. In the weekly @Energyscan_egm podcast, I discuss about the main drivers behind this spectacular rebound #gas #LNG #ONGT 1/10
open.spotify.com/episode/3905lU… First element behind the rally has been the reduction in #LNG supply to Europe, following the drop in TTF prices below Asian spot LNG prices that opened some arbitrage opportunities. Nevertheless, Europe LNG supply still sits at healthy levels. 2/10 Image