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Story summary
- Equinor began second-stage Troll Phase 3 production, sending 55 billion cubic metres of gas to Europe.
- European gas storage is about 62-63 % full, the season’s lowest level in almost twenty years.
- Dutch TTF futures trade at $78 (?66.85 €) per MWh, below Goldman Sachs’s €100/MWh winter-stock target.
- The Iran war and fewer Qatari LNG term volumes raise Europe’s competition with Asia for spot LNG.
