Risavika LNG gained 1.6 % week on week for May contracts, reaching 29.17 EUR/MWh. The European gas prices were supported by a colder weather forecast for most of April and start of gas injection season, reports gasum.
Support for the Gas PricesStrong heating demand in the market with lower pipeline gas and LNG supplies resulted in high reliance on underground inventories, leaving them at historically low levels for the start of inventories injection season. This spring and summer gas demand will...