Media Mention
Tony Jordan
14 August 2023

UK gas price surge amid Australian LNG facility strike uncertainty

The front-month Dutch contract saw an increase of €0.10 euros (£0.08) to reach €36.05 (£31) per megawatt-hour (MWh) by 09:20 (GMT), while the Dutch day-ahead contract went up by €1.72 (£1.4) to €33.42 (£28.7)/MWh.

Amidst this uncertainty, consultancy firm Auxilione noted that ongoing talks and contingency planning to mitigate the export impact if the strikes materialise are keeping the markets tense.

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