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Norway Restores Natural Gas Flows to UK Terminal after Outage

From oilprice.com

Natural gas from Norway resumed flowing to Britain’s Easington terminal early on Friday, following several days of repairs on a pipeline link that had halted supply to the UK terminal and sent European gas prices to a six-month high. Gas flows at the Easington terminal from the Langeled link from Norway were at about 50 million cubic meters (mcm) per day at 10:22 a.m. UK time on Friday, compared to zero on Thursday, data from UK’s National Gas transmission network showed. An outage on Sunday halted gas supply from Langeled to the UK, after the Sleipner hub offshore Norway was shut down, which also stopped operation ... (full story)

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  • Category: Fundamental Analysis