Friday 8 March 2013

UK gas crunch...

Gas supply is looking very tight for the next few days...

Forecast demand is:
Sat: 300mcm
Sun: 320mcm
Mon-Wed: 360-370mcm

Bearing in mind how low storage is, and that the margin notice trigger level is currently around 400mcm but will drop as storage depletes, I wouldn't be surprised if we have a gas demand warning by the end of next week...

More live gas info at http://marketinformation.natgrid.co.uk/gas/frmPrevalingView.aspx

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