Daily Energy Market Report 11th December 2017
Strong open on the NBP prompt this morning as colder weather grips the UK.
LDZ demand has been revised upwards off the back of the snow and has increased 35mcm Day on Day.
LDZ is expected to reach around 300mcm tomorrow as the coldest day this year is predicted.
However, going into next week models have been revised warmer.
An outage at Kollsnes has taken approx. 30mcm offline.
On the supply side, the IUK is importing 34mcm of capacity, a 6mcm reduction Day on Day.
MRS sites are withdrawing significantly higher than Friday’s level at 55mcm.
An LNG cargo is expected to hit the UK on Wednesday next week.