Gas is flying: over 68 euros per megawatt hour

The gas price opens in strong rise in Europe. Al TTF i future sul natural gas they recorded asurge of over 25%surpassing the 68 euro per MWh and reaching the highest levels of the last three years, after theIran he lashed out attacks against key energy infrastructure throughout the Middle Eastintensifying fears relating tosupply.

L’Iran he carried out missile attacks against the industrial city of Ras Laffan in Qatara complex that houses the largest LNG export facility in the world, one of many energy systems That Teheran had promised to target following a Israeli attack al Iranian South Pars gas field. Also Abu Dhabi has suspended operations in its own dream of being gassed in Habshan after i missiles intercepted caused debris to fall, while the LNG plants in Bahrain they would have been hit by heavy missile attacks.

Impact on the Strait of Hormuz

About the 20% of global LNG flows passes through it Strait of Hormuzwhich has been largely closed since the beginning of war with Iran. The interruption comes just on the eve of storage season of the region, with levels already around 15 percentage points below the five-year average after a colder winter.