UK Gas Summary Report published on the Gas-Day of Mon 28th Oct 2013

UK Gas Summary Report published on the Gas-Day of Mon 28th Oct 2013

Demand / Supply 

The UK gas market was oversupplied by 6.53 MCm, with actual demand on 27-Oct, at 173.84 MCm/day, recorded as 20% below the seasonal normal. The actual demand was less than the forecasted demand by 3.94 MCm, National Grid data showed. 

Today's forecast demand is 210 MCm/day, below the seasonal normal by 20 MCm. The physical flow into NTS is 209.31 MCm, at present. 

Tomorrow's demand forecast is 195 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
27/10	180.37	-11.67	173.84	-16.15	6.53	177.78	-14.14
26/10	192.04	1.87	189.99	0.96	2.05	191.92	2.03
25/10	190.17	-	189.03	-	1.14	189.89	-

System Prices 

Average gas price closed at 54.43 p/Therm on Sunday, 27-Oct, more than the closing price on 26-Oct by 00.06 p/Therm. The 7 day rolling average as on 28-Oct was calculated to be 62.15 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
27/10	55.29	0.06	54.43	0.06	47.19	-1.30
26/10	55.23	-8.19	54.37	-8.19	48.49	-13.21
25/10	63.42	-	62.56	-	61.70	-

Linepack 

UK Gas System opened as 'Long' on Monday with Net Imbalance being 26.98 MCm. The opening linepack was recorded at 348.02 MCm while the closing linepack was estimated to be 341.23 MCm, at 05:00 hours. The last three days' Linepack summary (in MCm) is shown below – 

Date	Opening Status	Net Imbalance	Opening Linepack	PCLP Min	PCLP Max
27/10	Long	04.81	347.45	348.93	357.03
26/10	Long	20.18	346.08	345.98	366.26
25/10	Long	20.12	345.32	344.28	365.44