Gas

摘要

UK gas prices at the National Balancing Point closed lower January 8 after a few turbulent days of trading caused by the ongoing dispute between Russian and Ukraine. While traders had been confident two days earlier that the crisis would be resolved soon, nevertheless the dispute has been pulling the market hither and thither.rnGas supplies into the UK were steady until the afternoon of January 8, when the Norwegian Langeled pipeline reduced its supplies to just above 20 million cu m. This indicated that Norwegian suppliers were exercising flexibility to exploit higher prices at Continental European hubs. New options are opening up, however. National Grid expects the South Hook LNG terminal to be commissioned in the next few months, CEO Steve Holliday said January 8. "People are confident that the LNG will come in and that there will be enough gas.