30/07/2025 – Gas storage auctions Italy: almost half a billion of space allocated in two days – Read the other news

GAS & POWER: Yesterday's new day of increases, still driven by possible American sanctions against Russia if a peace agreement with Kiev is not reached by August 8, a date hinted at in new statements released in the evening by President Trump. The forecast of a temperature rise starting in the second week of August and emerging demand from some areas of Asia Pacific, including China, have further supported purchases

ITALIA: The monthly storage auction published by STOGIT and which closed yesterday morning was more successful. Approximately 66% of the capacity offered was allocated, for volumes equal to approximately 330 million cubic metres, at a weighted average price of 0.09 c€/Smc. The overall allocation over the past two days thus rises to 470 million cubic metres, the highest since last April