20 August 2025

PPA and GPA Pricing Update w/c 18th August 2025

  • Green Gas and PPA markets start the week on bearish sentiment. 
  • NBP and TTF gas benchmarks had traded lower following US and Russian talks in Alaska on Friday. 
  • Traders remain sceptical that any moves by Trump would result in reduced European gas flows. 
  • This morning gas markets are testing 2025 lows. 
  • European gas and power markets trade lower ahead of Trump’s meeting with Zelenskiy, who faces pressure to reach an agreement on truce with Russia. 
  • In other news Centrica have signed a new 10-year LNG supply agreement with US Devon Energy. The gas is contracted to arrive at the Isle of Grain terminal in Kent.