Inspired Energy Quoted in Reuters

Nick Cambell, Risk Manager of Inspired Energy PLC, was quoted in Reuters in response to increased prompt natural gas prices following outages in Norway and cooler weather.

“There is some short-term tightness in the system created by Norwegian outages along with slightly cooler weather than last week and continued high exports to the Continent. The prompt is being supported but further along the curve, monthly products are trading lower as the LNG supply picture remains healthy and the view is the outages are short term. Therefore, when full flows return this will lower exports to the Continent and leave the UK system balanced too long.”

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