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Speculation Over Russian Natural Gas Returning to Europe Drags Down TTF – LNG Recap

Natural Gas Intelligence · last updated

European natural gas prices declined on Monday ahead of a planned phone call between President Trump and Russian President Vladimir Putin to discuss a 30-day ceasefire with Ukraine.

Image showing a comprehensive market analysis of the European Union’s gas storage levels with graphs representing trends in inventories, highlighting key insights into energy market dynamics and gas data projections for the near future.

The Dutch Title Transfer Facility (TTF) gave up last week’s gains and finished 2% lower on Monday as the market continues to weigh the possibility of some Russian gas exports returning to Europe in exchange for a peace deal between Russia and Ukraine. Putin hasn’t ruled out restarting some shipments to the continent, although the possibility remains a remote one for now.

“The market will continue to watch this closely,” said UK consultancy Auxilione of talks between the U.S., Russia and Ukraine.