NATGAS: Ukraine's DTEK Suspends Some Gas Operations After Attacks

Oct-03 08:27

Ukraine's DTEK has suspended operations at several gas facilities in the eastern Poltava region after Russian drones and missile attacks, according to Reuters.

  • Russia launched 381 drones and 35 missiles targeting energy infrastructure in Kharkiv and Poltava regions in eastern Ukraine overnight.
  • Ukraine aims to raise gas stores up to 13.2bcm by mid-October amid concern for domestic supplies. This will include 4.6 bcm of imported gas.
  • Gas reserves on Sep. 14 exceeded last year’s levels for the first time this year, reaching 12.055 bcm, according to ExPro data.
  • Ukraine’s gas storage was 26.7% full at 86.2TWh on Oct. 1, GIE data shows.
  • While Ukraine is establishing routes to receive natural gas via European LNG terminals and pipelines, such flows are “still too expensive,” said James O’Brien, head of LNG at D. Trading last month.

Historical bullets

BUNDS: A good reversal in the 30yr

Sep-03 08:05
  • A good reversal in the German Long End (30yr), led by the BTP, but the Bund in the German curve.
  • Bund is back to pre EU Cash Equity open levels, on the margin, all the European Services PMIs were revised a touch lower, but unlikely to have been the real driver.
  • Focus for Bond traders is to roll their Positions into December, and there's likely some profit taking, squaring in the Outright September expiry.

GERMAN AUCTION PREVIEW: Green Auction Next Week

Sep-03 08:03

DFA has announced it will be looking to sell the following at its auction next Tuesday, September 9:

  • E500mln of the 0% Aug-31 Green Bund (ISIN: DE0001030732)
  • E1bln of the 2.50% Feb-35 Green Bund (ISIN: DE000BU3Z047)
     

MNI: EUROZONE AUG SERV PMI 50.5 (50.7 FLASH, 51.0 JUL)

Sep-03 08:00
  • MNI: EUROZONE AUG SERV PMI 50.5 (50.7 FLASH, 51.0 JUL)