Wednesday, June 27, 2007

U.K. Natural Day-Ahaead Gas Little Changed After Imports Satisfy Demand

(Bloomberg) -- U.K. natural gas for delivery today
was little changed after an increase in imports via the Langeled
pipeline from Norway yesterday helped ensure supply was
sufficient to match consumption.

Gas for intraday delivery traded at 22.6 pence a therm,
compared with a last trade for day-ahead gas at 22.45 pence a
therm yesterday, according to prices on Bloomberg from Icap Plc.
The latest price is equivalent to $4.51 a million British
thermal units. A therm is 100,000 Btus.


Read more at Bloomberg Energy News

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