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Prices decrease on the back of stable LNG deliveries - 17-01-2022

Closing price: Prices closed higher to end the week Friday, with gas flows from Norway declining and continued to do so over the weekend from outages at Troll and Skarv. Most of the disruption is due to be rectified by tomorrow.

Opening price: Prices are trending lower this morning both near and long term. Two LNG cargoes arrived over the weekend, to keep the target of 32 arrivals in January on track. Much of the trading activity is muted, with markets awaiting the outcome from Russian capacity booking for February, at todays monthly auction.