Thursday 03 October 2019
With temperatures falling across Ireland and the UK, demand on the UK gas system continued to rise on Thursday. Norwegian deliveries remained restricted with Langeled flowing less than
15MCM throughout the trading day. LNG again provided the largest component of the supply mix with send-out averaging 65MCM. Despite strong LNG send-out, the system finished 10MCM short with demand at 216MCM. Prompt gas prices gained strongly while the futures market continued Wednesday's decline. Crude oil prices were virtually unchanged with Brent settling 2 cents higher at $57.71 a barrel.