Wednesday, 7 September 2011

Rising UK Wholesale Gas Prices

Over the past week a series of factors forced UK wholesale gas prices to go up.  There are rumours that Norway are planning to divert Europipe 1 supply to Germany, also unexpected operational problems from ConocoPhillip’s Theddlethorpe gas terminal, amongst other factors such as Belgian LNG tankers redirected to Japan, PX’s Teesside plant scheduled maintenance outage in September and Qatargas rolling maintenance over the coming months are all contributing in the rise in UK wholesale  gas prices.

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