Nyhamna Gas Outage Revised Lower – Energy Flashback – Week 27

Coal has been beaten by gas in Germany for the first time in ten years. Find out what else has been happening in the energy markets in our quick video overview.

• The Nyhamna gas outage has been revised lower from 18.3mcm/d to 9.3mcm/d.
•  Gas-fired generation in Germany is cheaper than coal/lignite for the first time in ten years.
•  The Baltic shipping index (freight costs) has risen 63.8% or $678 in 16 days.
• Nordic water reserves are at a seven-week low.
•  21 LNG cargoes are scheduled to arrive at North West European terminals in the next 14 days.
•  Sterling trading around a six-month low versus the euro.

Wayne Bryan

Wayne has been working in energy for 12 years, moving into consultancy after beginning his career with a major international energy supplier. Wayne holds an MA in International Finance and manages some of Alfa’s corporate flexible client contracts. He is currently responsible for several of Alfa Energy’s publications. He has also appeared in many news media in his capacity as energy analyst, most notably Reuters, Bloomberg, and the BBC, among many others.

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