UK Gas Summary Report published on the Gas-Day of Sat 19th Oct 2013
Demand / Supply
The UK gas market was oversupplied by 2.49 MCm, with actual demand on 18-Oct, at 174.3 MCm/day, recorded as 19% below the seasonal normal. The actual demand was less than the forecasted demand by 0.36 MCm, National Grid data showed.
Today's forecast demand is 164 MCm/day, below the seasonal normal by 45 MCm. The physical flow into NTS is 181.27 MCm, at present.
Tomorrow's demand forecast is 170 MCm/day. The Demand – Supply summary (in MCm/day) for last three days is as shown below –
System Prices
Average gas price closed at 64.54 p/Therm on Friday, 18-Oct, more than the closing price on 17-Oct by 00.10 p/Therm. The 7 day rolling average as on 19-Oct was calculated to be 66.35 p/Therm. Price summary (in p/Therm) for the last three days is as shown below –
Linepack
UK Gas System opened as 'Short' on Saturday with Net Imbalance being -13.91 MCm. The opening linepack was recorded at 342.1 MCm while the closing linepack was estimated to be 342.67 MCm, at 04:00 hours. The last three days' Linepack summary (in MCm) is shown below –
The UK gas market was oversupplied by 2.49 MCm, with actual demand on 18-Oct, at 174.3 MCm/day, recorded as 19% below the seasonal normal. The actual demand was less than the forecasted demand by 0.36 MCm, National Grid data showed.
Today's forecast demand is 164 MCm/day, below the seasonal normal by 45 MCm. The physical flow into NTS is 181.27 MCm, at present.
Tomorrow's demand forecast is 170 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 |
|---|---|---|---|---|---|---|---|
| 18/10 | 176.79 | -23.02 | 174.30 | -23.46 | 2.49 | 174.66 | -24.04 |
| 17/10 | 199.81 | -20.35 | 197.76 | -17.73 | 2.05 | 198.70 | -19.42 |
| 16/10 | 220.16 | - | 215.49 | - | 4.67 | 218.12 | - |
Average gas price closed at 64.54 p/Therm on Friday, 18-Oct, more than the closing price on 17-Oct by 00.10 p/Therm. The 7 day rolling average as on 19-Oct was calculated to be 66.35 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 |
|---|---|---|---|---|---|---|
| 18/10 | 65.40 | 0.10 | 64.54 | 0.10 | 63.68 | 0.10 |
| 17/10 | 65.30 | -3.18 | 64.44 | -2.65 | 63.58 | -2.65 |
| 16/10 | 68.48 | - | 67.09 | - | 66.23 | - |
UK Gas System opened as 'Short' on Saturday with Net Imbalance being -13.91 MCm. The opening linepack was recorded at 342.1 MCm while the closing linepack was estimated to be 342.67 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 |
|---|---|---|---|---|---|
| 18/10 | Long | 04.36 | 340.57 | 336.22 | 344.93 |
| 17/10 | Short | -19.27 | 343.02 | 320.02 | 356.59 |
| 16/10 | Long | 08.19 | 340.91 | 320.61 | 356.86 |
No comments:
Post a Comment