{"id":105953,"title":"European natural gas slid for a fifth straight day","publisher":"Share Talk","author":"sharetalk","published":"2023-01-27T11:38:28+00:00","modified":"2023-01-27T11:38:28+00:00","canonical_url":"https://www.share-talk.com/european-natural-gas-slid-for-a-fifth-straight-day/","markdown_url":"https://www.share-talk.com/european-natural-gas-slid-for-a-fifth-straight-day.md","json_url":"https://www.share-talk.com/european-natural-gas-slid-for-a-fifth-straight-day.json","category":"Blogs","categories":["Blogs","Energy"],"tags":["Barrel","Benchmark","Berlin","Brent","cap","china","countries","crude","Dnipro","Druzhba","EU","European Union","German","GERMANY","intelligence","international","Istanbul","Keir Starmer","Kharkiv","Kherson","Kyiv","labour","Lloyd Austin","military","Moscow","occupation","oil","Oleksiy Arestovych","pipeline","Poland","Polish","Price","river","rout","Russia","Russian","sanction","Schwedt refinery","Share Talk","Tbilisi","turkey","UK","Ukraine","units","US","Vladimir Putin","Volodymyr Zelenskiy","war","Warsaw"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"European natural gas fell for the fifth consecutive day. The weather is expected to improve and there are more chances that the US will reopen an old export terminal.\n\n### Gas extends weekly losses\n\nEuropean natural gas slid for a fifth straight day as the weather looks to turn milder and prospects rise that a long-shut export terminal in the US might resume shipments later this quarter.\n\nhttps://twitter.com/Share_Talk/status/1618930695627505664?s=20\n\nBenchmark futures fell as much as 4.9pc after closing at the lowest level in more than 16 months on Thursday. The contract is heading for its biggest weekly loss since December.\n\nFreeport LNG in Texas, which recently finished repairs after an explosion last summer, received approval from regulators to resume some operations.\n\nMany analysts expect the plant — which previously accounted for about 15pc of US liquefied natural gas shipments — to restart exports around March.\n\nDutch front-month gas, Europe’s benchmark, traded 1.9pc lower to below EUR54 a megawatt-hour."}