Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Natural Gas

UK wholesale spot natural gas prices rise on short system, curve edges higher

Commodities | Energy | Electric Power | Renewables | Natural Gas

Hydrogen: Beyond the Hype

LNG | Natural Gas | NGL

Platts LNG Alert

Capital Markets | Commodities | Electric Power | Natural Gas

Mexican Energy Conference, 24th

Oil | Crude Oil

UAE pumped 2.4 million b/d in May in line with its OPEC+ quota: source

UK wholesale spot natural gas prices rise on short system, curve edges higher


* UK gas system 8 mil cu m short at 10:00 am
* NCS imports fail to recover, MRS withdrawals
* Front-month climbs 0.30 p/th to 38.65 p/th

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Near-term UK wholesale natural gas prices edged higher in early Thursday trade on the back of a short system ahead of the long weekend, with the NBP curve following suit.

National Grid 10:00 am (0900 GMT) figures put the UK gas system short by 8 million cu m, as physical flows of 248 million cu m/d were behind demand forecasts for the day of 255 million cu m.

Within-day and day-ahead were seen trading at 38.85 pence/therm and 39 p/th respectively compared with the previous day-ahead assessment of 38.275 p/th, with the weekend contract (for Friday-Monday delivery) done at 38.55 p/th.

Norwegian gas flows failed to recover after the Kvitebjorn outage was resolved overnight, running at 90 million cu m/d Thursday morning according to Norwegian gas operator Gassco.

Storage withdrawals ramped up to cover the demand hike, with Rough at 8 million cu m/d and Holford at 12 million cu m/d.

UK gas production nominations for Thursday were 108 million cu m according to Platts Analytics' Eclipse Energy.

LNG regasification from South Hook was steady at 31 million cu m/d ahead of the arrival of the Al Sheehainiya vessel Friday and the Shagra Tuesday.

Gas exports to Continental Europe were nominated at 46 million cu m, according to IUK 10:00 am figures.

Front-month May was seen trading at 38.65 p/th, 0.30 p/th higher than the previous assessment, with the Q3 17 and Winter 17 contracts changing hands at 38.70 p/th and 46.55 p/th respectively.