Technical trouble pushes North Sea region natural gas prices up

21.10.2019

Prompt British wholesale gas prices soared on Friday morning as a series of unplanned outages at gas sites reliant on the Forties pipeline system left the market undersupplied.

The day-ahead contract was up 2.60 pence at 28.75 pence per therm by 0900 GMT.

The within-day contract was up 1.50 at 29.00 p/therm.

“They’ve...