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UK gas exports to EU to stay low

From argusmedia.com

UK gas flows to the EU could stay minimal in August-September, as almost all surplus gas could be added to mid-range storage. Prices favour strong Norwegian exports to Europe in August-September, which could boost the UK's supply. But this could be more than offset by sustained low regasification and domestic output, leaving the UK with less surplus gas than in previous years. And firms may continue to prioritise directing any spare supply into mid-range storage rather than exporting it to mainland Europe, similar to July. Barely any cross-Channel flows could curb supply available to add to EU storage compared with ... (full story)

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  • Category: Fundamental Analysis