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UK gas for immediate delivery rises on shortages

60qw2LONDON: British gas for same-day delivery rose due to an undersupplied transmission network on Wednesday morning, countering a wider downward trend along the prompt as mild temperatures dampened demand.

 

The within-day contract rose 0.75 pence to 62 pence per therm at 1020 GMT thanks to lower supplies from the South Hook liquefied natural gas (LNG) terminal, helping to create a gas shortage.

 

Center>Copyright Reuters, 2013