Spot gas prices on the UK's NBP trading hub were moving around the 76.00 pence/therm mark Thursday morning -- around 6 p higher than the end of February -- as cooler than normal temperatures are expected next week and medium-range storage ...
Tags: Spot gas, NBP trading hub, torage facility
The Interconnector [IUK] pipeline is nominated to ship a "massive record high" of gas from Belgium to the UK Tuesday, Platts' unit Bentek Energy said, following supply disruptions which drove a large price premium for UK gas Monday. ...
Tags: Interconnector, pipeline, gas
US Northeast spot gas prices fell as much as $4 or 39% Friday on expectations that weather demand will fade due to an impeding warm-up scheduled to start on Monday. Regional temperatures will top out in the high 30s over the weekend, ...
Tags: spot gas prices, US, gas
German energy group RWE expects a settlement with Gazprom during first half 2013 on its long-term gas imports from the Russian producer, the company said Monday. A spokeswoman for the company confirmed that a settlement was expected in ...
Tags: RWE, settlement, Gazprom, gas
Russia's Gazprom paid a total of Rb133.186 billion ($4.4 billion) in retroactive gas price adjustments in January-September 2012, after renegotiating long-term gas supply contracts with some of its customers, the company said Tuesday in ...
Tags: Gazprom, gas price, retroactive gas
Reuters reported that under pressure from customers and competitors,Gazprom is likely to cut long-term contract prices for Europe next year to levels comparable to those in the spot market. The price of the natural gas Gazprom sells to ...
Tags: Gazprom, prices, Gas, spot market
Coal displacement by natural gas will remain a feature of the power market for the next few years, barring a significant pullback in gas supply, according to Standard & Poor's RatingsDirect credit analyst Aneesh Prabhu. Prabhu's market ...