Gas prices down on higher LNG supply
Published by
Joseph Green Editor
LNG Industry ,
Tuesday, 01 August 2017 09:48
According to the latest Reuters report, British wholesale gas prices fell on 1 August due to higher Norwegian and LNG supply and lower exports.
British within-day gas price dropped 0.75 pence at 38.75 pence per therm.
Day-ahead gas price also 0.75 pence lower at 38.65 p/therm.
Traders said higher Norwegian flows were weighing on prices.
An unplanned outage at the FLAGS pipeline which transports gas from the Brent platforms to St Fergus gas terminal has ended.
UK gas exports to continental Europe are also lower.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/01082017/gas-prices-down-on-higher-lng-supply/
You might also like
LNG Fuel 2020 is an online conference for professionals in the 'LNG as a marine fuel' sector. Since this is a completely virtual conference, you can join us from anywhere in the world, absolutely free. Register for free today »
Tuesday 17 September 2019 12:45
Cheniere Energy has announced that two of its subsidiaries have entered into long-term gas supply agreements with EOG Resources.
Embed article link: (copy the HTML code below):
LNG Industry is not responsible for the content of external internet sites.
