Reuters reported that rising demand and a drop in supply brought British prompt gas prices up to a 19-week high.
Articles Tagged "britain"
Britain’s newest liquefied natural gas terminal, Dragon LNG, took delivery of its first cargo of super-cooled gas on Tuesday, BG Group, which holds a 50-percent stake in the facility in south Wales. For full story, click here
Qatar launched its 13.2 billion dollar Qatargas 2 project, with a production capacity of 15 million tonnes of liquefied natural gas per year, most of it destined for Britain. Qatar Energy Minister Abdullah bin Hamad al-Attiyah stated: The project we are inaugurating today costs 13.2 billion dollars. For full story, click here
U.K. natural-gas prices extended yesterday’s gains as Norwegian flows to Britain dipped following the end of the heating season. Karen Sund, founder of Oslo-based consultants Sund Energy, stated: There is room in Ormen Lange to adjust down in the summer and up in the winter. For full story, click here