UK GAS – Within-day price rises on lower imports from Norway

The British within-day wholesale gas price rose on Tuesday morning as lower imports from Norway led to an undersupplied system. Traders said lower imports from Norway had helped prices to edge higher. Nick Campbell, Energy Risk Manager at Inspired Energy is quoted giving his views “Whilst the reduction in Norwegian flows and higher generation demand due to lower wind output has provided some support to the prompt, we would expect this to be temporary given the continued onset of LNG and forecast warmer weather,”

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