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Compromise likely over Roubles payment

Close price: Prices came down on Friday as it appears there is room for compromise with GazPrombank allowing Euro and dollars payments for gas still, before then being converted to Roubles. This limits the risk of a complete halt of Russian supply.

Opening price: Prices are slightly down. Total Russian flows are stable. The UK has welcomed 4 LNG cargoes this month thus far. This is helping to soften prices.