Insight
UK summer market - will NBP trade at a premium or discount to Continental hubs?
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Report summary
In recent years the UK summer (April-September) gas supply position has been comfortable. Much of this excess supply came from flexible cargoes of LNG to UK import terminals and pipeline supplies from Norway. This imbalance between supply and demand led to weak NBP summer prices when compared to continental hubs, allowing substantial flows to the continent during these periods. In 2012 there was a marked reduction in LNG imports to the UK and the wider European market, as increased demand,
Table of contents
- Executive summary
- Introduction and historical background
-
2013 summer outlook
- Demand
- Storage
- Indigenous production
- Norway
- LNG
- Aggregate position
- Conclusions
Tables and charts
This report includes 3 images and tables including:
- LNG, IUK and Langeled flows
- TTF-NBP hub differentials
- 2013 UK summer gas balance (Apr-Sept)
What's included
This report contains:
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