European natural gas prices remain steady at 60.4 euros per megawatt-hour as supply concerns persist.
智通财经2026/08/14 07:36- European natural gas prices remained steady at €60.4 per megawatt-hour on Friday, hovering at over a two-week high, as concerns about gas supply security in Europe persist ahead of winter. The United States threatened on Thursday to maintain its maritime blockade on Iran indefinitely. Stalled ceasefire talks have increased uncertainty around the Strait of Hormuz, causing severe delays to Qatar’s liquefied natural gas shipments.
- European buyers are forced to fiercely compete with Asian importers for limited supplies, making pre-winter replenishment more difficult and costly. Currently, Europe’s gas storage facilities are only 59% full, below the historical average. Meanwhile, heatwaves in Southern and Central Europe have driven up demand for gas-fired power generation to meet cooling needs, further diverting gas from storage. This week, European natural gas prices have surged by more than 8%.
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