Bulgaria and the European Commission have agreed to establish a joint working group to support the development of a gas hub in Bulgaria designed to serve the whole Balkan region. Gas infrastructure in southeast Europe is poorly ...
Spot gas prices on the Dutch and German trading hubs extended Wednesday's gains Thursday morning, in line with the UK NBP where the day-ahead also moved higher from its previous close. At midday London time, the day-ahead contract on the ...
Tags: gas, gas export
The UK gas market was short of supply during the morning Wednesday with demand above seasonal norms as the country stepped up exports to the Continent. At 11:00 am London time, the UK NBP within-day contract was valued at 44.20 ...
Tags: gas market, pipeline
Some supply tightness caused Thursday's gains to be extended Friday on the UK's NBP trading hub, providing a further break for what has been largely a bearish market. At 11:00 am London time, the within-day contract was valued at 47.80 ...
Tags: Bearish Market, LNG
UK spot gas prices were sliding again Thursday morning, compared with Wednesday's close, as the system remained well supplied and demand low, and with regular deliveries of Qatari LNG recently. By 09:25 UK time, the NBP within-day had ...
Tags: LNG terminal, Spot Gas
UK NBP wholesale gas prices eased Thursday morning while retaining some risk premium relating to tensions between Russia and Ukraine. At 11:00 London time, the within-day contract was valued at 51.20 pence/therm, down by 0.25 p/th, and ...
Tags: gas network, LNG tankers, LNG
Prompt prices on the UK's NBP gas trading hub fell Friday morning as the system saw a large supply surplus and warm, sunny weather expected for the weekend should further cut heating demand. "The system was the longest I've seen it," one ...
Tags: gas storage, Oversupply
Spot prices eased Thursday morning on the UK's NBP gas trading hub as demand was forecast at the lowest level so far this year. Same- and next-day contracts at midday BST were each valued at 64.70 pence/therm, down by 1.30 and 0.40 p/th ...
Tags: Gas, Spot prices
Gas for same- and next-day delivery firmed Wednesday morning on the UK's NBP trading hub following a rise in demand which caused some slight early shortness in the system and the need for medium range storage withdrawals. Gas for ...
Tags: Gas, Metallurgy, Mineral, Energy
UK gas prices remained high Tuesday morning -- about 30% higher than where they began the month -- with a freezing spring drawing hard on gas supplies but an LNG delivery provided some relief, one gas broker said. The day-ahead contract ...
Tags: UK gas prices, LNG, Chemicals
Owners of British Gas - Centrica - has struck a £10 billion supply deal with the US that the firm states could play an important role in ensuring the UK's energy security. The firm stated that the 20-year deal with Cheniere Energy ...
Tags: energy security, energy, gas pipelines
UK natural gas prices for same-day delivery spiked as high as 150 pence/therm ($22.80/MMBtu) early Friday as a key pipeline that carries gas to the country from Continental Europe halted operations against a backdrop of cold weather and low ...
Tags: Gas Market, Interconnector Outage, Chemicals
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
Prompt prices on the UK's NBP gas trading hub rose Wednesday morning as demand exceeded expectations and the market sought to maintain a premium to Continental prices in order to secure supply, a market source said. At 1200 GMT, the ...
Tags: NBP gas, UK, gas market
Prompt gas prices on the UK's NBP gas trading hub Wednesday hit the highest levels since December 7 as temperature forecasts were revised lower and domestic storage stocks were heavily called upon to meet demand, sources said. The ...
Tags: gas price, gas trading, UK