Thursday 16 August 2018
UK gas supplies are healthy at 175MCM this morning with demand for today forecast at 168MCM. The unplanned outages at Troll and Kvitebjorn are due to be resolved
today according to the Gassco site but scheduled maintenance is due to start tomorrow on Kollsnes and this could restrict supplies by 40MCM for up to six days. Prompt prices have reacted accordingly, and the spot is down 0.80p while the day ahead has added over a penny. The prompt led gains have fed into near curve contracts with September last trading at 62.65p. The crude oil markets are trading flat after yesterday's selloff.