Gas futures at the Amsterdam TTF fell below €30 per MWh for the first time since October 2021. Contracts for the month of February give up 6.7% to 29.85 euros per MWh. The price is kept down by stocks that provide Europe with the supplies it needs to cope with the harsh weather and the difficulties of transit of LNG carriers on the Red Sea. European storage is 79.74% of capacity at 908.62 TWh, in Germany it is at 83.8% at 213.53 TWh and in Italy at 75.39% at 148.48 TWh.
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