Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATURAL GAS
Pipeline gas flows from Norway to Europe are nominated down to the lowest since mid June at 216.8mcm/d on 25 Aug as season maintenance outages ramp up. Flows compare to 255mcm/d yesterday and around 330mcm/d last week.
- Norwegian supplies fell as capacity reductions at the giant Troll field deepened ahead of a full 125 mcm/d halt expected to start from 26 Aug until 7 Sep.
- The outage will coincide with works at the Kollsnes processing plant, impacting 153mcm/d of capacity, currently expected over the same period.
- An unplanned outage at the Aasta Hansteen field reducing capacity by 5mcm/d is adding to the lower supplies. The outage due to process problems is currently showing until tomorrow according to Gassco but has an uncertain duration.
- Further outages reducing Visund field offline capacity up to 17mcm/d and works at the Dunkirk and Gina Krog gas terminals are also expected to begin tomorrow, 26 Aug.
- The main works are expected to peak at 173.4mcm/d on 4 Sep according to Gassco before seeing a gradual reduction in outages throughout September.
Source: Gassco
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok