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EUROPE GAS — Prices fall on soft demand, Iran talks

LONDON, Sept 29 (Reuters) — Dutch and British gas prices fell on Tuesday morning on weak demand and hopes of a US-Iran deal as Qatari-mediated talks continue in New York. The benchmark Dutch front-month contract at the TTF hub was down €0.73 at €72.70 per megawatt hour (MWh) or around $24.16/mmBtu, by 0845 GMT, ICE data showed. The British front-month contract was down 1.55 pence at 181.70 pence per therm. "Northwest Europe's fundamental picture is bearish," said LSEG analyst Saku Jusslia, adding that gas demand for heating and for power generation has eased a little as the mild spell persists. Norwegian supply is recovering strongly as maintenance impact decreases, adding to Continental import flows and feeding stronger storage injections, Jusslia said. US and Iranian officials spoke separately with mediators on Monday as part of a renewed effort to end the seven-month war, according to officials of both countries. US President Donald Trump said he has offered Iran nothing to end the war, rejecting media reports that cited US officials saying he was willing to ease sanctions and release frozen funds for "concrete" steps regarding Iran's nuclear programme. Meanwhile, Iranian.

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