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Mild weather reduces demand - 27-10-2021

Prices opened slightly lower today, with the unusual mild weather in the UK helping to keep demand lower. Yesterday, there was also an official press release from the German Federal Ministry of Economics, which announced there is no issue of security that should stop certification of Nord Steam 2. The regulatory process continues with a deadline of 8th January 2022, so its still unlikely to see any gas flows this side of the year, but some positive noises from Germany, which the markets are monitoring.