UK Gas Summary Report published on the Gas-Day of Mon 21st Oct 2013

UK Gas Summary Report published on the Gas-Day of Mon 21st Oct 2013

Demand / Supply 

The UK gas market was oversupplied by 3.16 MCm, with actual demand on 20-Oct, at 157.59 MCm/day, recorded as 25% below the seasonal normal. The actual demand was less than the forecasted demand by 2.77 MCm, National Grid data showed. 

Today's forecast demand is 172 MCm/day, below the seasonal normal by 51 MCm. The physical flow into NTS is 208.21 MCm, at present. 

Tomorrow's demand forecast is 189 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
20/10	160.75	-4.31	157.59	-6.36	3.16	160.36	-5.72
19/10	165.06	-11.73	163.95	-10.35	1.11	166.08	-8.58
18/10	176.79	-	174.30	-	2.49	174.66	-

System Prices 

Average gas price closed at 66.93 p/Therm on Sunday, 20-Oct, less than the closing price on 19-Oct by 00.01 p/Therm. The 7 day rolling average as on 21-Oct was calculated to be 66.25 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
20/10	67.79	-0.01	66.93	-0.01	66.07	-0.01
19/10	67.80	2.40	66.94	2.40	66.08	2.40
18/10	65.40	-	64.54	-	63.68	-

Linepack 

UK Gas System opened as 'Short' on Monday with Net Imbalance being -15.64 MCm. The opening linepack was recorded at 343.97 MCm while the closing linepack was estimated to be 343.05 MCm, at 04:00 hours. The last three days' Linepack summary (in MCm) is shown below – 

Date	Opening Status	Net Imbalance	Opening Linepack	PCLP Min	PCLP Max
20/10	Short	-18.97	342.69	323.72	344.65
19/10	Short	-13.91	342.10	317.60	342.93
18/10	Long	04.36	340.57	336.22	344.93