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Prices fell by around 10% on Friday - 23-08-2021

Prices dropped around 10% Friday with the News GazProm can begin shipping 5.6bcm of gas through the soon to be commissioned Nord Steam 2 pipeline. While this only represents 10% of its full capacity, it would give much needed relief on a tight European system. Today prices are rebounding. This is partly technical trading fundamentals, but also is in response to the new Nord Steam 2, which will now be completed by 12th September.