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GAS

UK GAS-Prices rise amid zero Langeled flows, upcoming outages
Markets

UK GAS-Prices rise amid zero Langeled flows, upcoming outages

  • Upcoming maintenance at UK Continental Shelf fields and terminals and Norway outages could be helping to lift prices, traders said.
  • Peak wind generation is forecast at 13.1 gigawatts (GW) on Friday and the next day, out of total metered capacity of
Published 05 Jun, 2020 03:30pm
UK GAS-Prices drop on system oversupply and strong wind
Markets

UK GAS-Prices drop on system oversupply and strong wind

  • The UK gas system was 15.2 million cubic metres (mcm) oversupplied, with demand forecast at 155 mcm and supply at 170.2 mcm, National Grid data showed.
  • Peak wind power generation was expected to almost double on Friday, rising to 12.5 gigawatts (GW)
Published 04 Jun, 2020 04:29pm
UK GAS-Prices jump as cooler weather boosts demand
Markets

UK GAS-Prices jump as cooler weather boosts demand

  • The day-ahead contract jumped by 39pc to 11.25 pence per therm by 0754 GMT.
  • However, gas-fo-power demand is forecast lower and there are higher nominations for UK Continental Shelf gas which might help to balance the system later in the day, trader
Published 03 Jun, 2020 06:23pm