GAS PRICE: NOT ABOVE $2.700
PLATTS - NYMEX April natural gas futures were little changed in overnight US trading as traders considered changing weather that spells diverging demand patterns.
At 6:50 am EDT (1050 GMT) the contract was 0.3 cents lower at $2.678/MMBtu.
Below-average temperatures continue to hold over much of the US in the latest projections from the National Weather Service, encompassing the entire eastern third of the US into most of the Midwest and a large section of the West in the six-to-10-day period then shifting in scope to grip nearly the entire northern US and the bulk of the Southwest in the eight-to-14-day period.
Average to above-average temperatures span most of the west-central US and the balance of the West in the shorter-range view then settle over the south further out.
Although lingering cold in store looks to generate late-season heating demand, higher outright temperatures look likely to limit this.
|October, 19, 11:30:00|
|October, 19, 11:25:00|
|October, 19, 11:20:00|
|October, 19, 11:15:00|
|October, 19, 11:10:00|
|October, 19, 11:05:00|
PLATTS - Norwegian natural gas exports to the UK jumped to their highest in six months Wednesday as consistently high UK prices incentivized flows normally only reserved for wintry periods.
AZERNEWS - The estimated cost of construction of nuclear power plant of Russian design in Uzbekistan will be about $ 11 billion, the launch of the first power unit has been planned for 2028, the Aide to the President of the Russian Federation Yury Ushakov said.
SHANA - Managing Director of the Iranian Gas Engineering and Development Company (IGEDC) Hassan Montazer Torbati said the supply of one billion cubic meters per day of natural gas by National Iranian Gas Company (NIGC) was one of the goals of the company by 2021.
WNN - China and Belgium have signed a framework agreement on cooperation in the peaceful use of nuclear energy. The agreement was one of several accords signed in Brussels yesterday during a meeting between Chinese Premier Li Keqiang and Belgian Prime Minister Charles Michel.