UK Gas Summary Report published on the Gas-Day of Tue 19th of November 2013

UK Gas Summary Report published on the Gas-Day of Tue 19th of November 2013

Demand / Supply 

The UK gas market was undersupplied by 0.11 MCm, with actual demand on 18-Nov, at 266.24 MCm/day, recorded as 2% below the seasonal normal. The actual demand was less than the forecasted demand by 1.42 MCm, National Grid data showed. 

Today's forecast demand is 296 MCm/day, above the seasonal normal by 23 MCm. The physical flow into NTS is 299.59 MCm, at present. 

Tomorrow's demand forecast is 286 MCm/day. The Demand – Supply summary (in MCm/day) for last three days is as shown below – 

Date	Physical Flow	Chg	Actual Demand	Chg	Net Imbalance	Forecast Demand	Chg
18/11	266.13	7.38	266.24	13.66	-0.11	267.66	12.49
17/11	258.75	7.57	252.58	4.74	6.17	255.17	7.91
16/11	251.18	-	247.84	-	3.34	247.26	-

System Prices 

Average gas price closed at 66.82 p/Therm on Monday, 18-Nov, more than the closing price on 17-Nov by 00.36 p/Therm. The 7 day rolling average as on 18-Nov was calculated to be 68.53 p/Therm. Price summary (in p/Therm) for the last three days is as shown below – 

Date	SMP Buy	Chg	SAP	Chg	SMP Sell	Chg
18/11	67.69	0.37	66.82	0.36	65.96	2.23
17/11	67.32	-2.17	66.46	-2.17	63.73	-3.25
16/11	69.49	-	68.63	-	66.98	-

Linepack 

UK Gas System opened as 'Long' on Tuesday with Net Imbalance being 14.34 MCm. The opening linepack was recorded at 347.12 MCm while the closing linepack was estimated to be 355.86 MCm, at 14:00 hours. The last three days' Linepack summary (in MCm) is shown below – 

Date	Opening Status	Net Imbalance	Opening Linepack	PCLP Min	PCLP Max
18/11	Long	22.35	348.60	345.93	374.34
17/11	Long	13.07	345.38	347.04	364.05
16/11	Long	07.93	341.34	341.92	350.48