• Norway shipments at week-low; flows from U.K. also set to fall
• Russian deliveries into Germany’s Mallnow have sunk in October

(Bloomberg) — 

Norwegian deliveries fell to the lowest in a week, Gassco AS data showed. Meanwhile Russia has curtailed shipments into Germany via a key link through Poland. And supply from the U.K. North Sea is set to drop due to an outage.

Flows into Mallnow near the Polish border, where Russia’s Yamal-Europe pipeline ends, have slumped to about 15% of normal volumes this month. Deliveries are likely to remain limited as the pipe’s capacity was only partially booked in auctions earlier this week.

Dutch front-month gas at the Title Transfer Facility rose 4.4% to 93.85 euros a megawatt-hour at 3:44 p.m. in Amsterdam. The U.K. equivalent climbed 3.8% to 244.58 pence a therm. Carbon futures and benchmark power prices in Germanyand France also gained. French nuclear output is at its lowest level in 15 days.

The energy crunch in Europe shows few signs of abating, with the region’s gas-storage sites at their lowest seasonal level in at least a decade, though recent mild weather has prevented steep withdrawals of the fuel.

“The big question for the TTF natural gas prices is: at what point will they either go ballistic due to a cold winter or fall back?” SEB AB chief commodities analyst Bjarne Schieldrop said in a note. “Defusing the current winter risk is unlikely to take place before mid-to-late December 2021