Reuters: UK gas system remains undersupplied on Troll outage

Britain's gas market remained tight on Thursday and prices remained firm as pipeline supplies from Norway were still reduced following a Norwegian gas field outage earlier this week.

National Grid data showed that Norwegian gas flows via the Langeled pipeline was pumping just above 30 million cubic metres per day (mcm/day) to Britain on Thursday morning after Statoil suspended production at Norway's biggest gas field at 1859 GMT on Tuesday.

Langeled is Britain's main sub-sea gas import route and has a capacity of 70 mcm/day.

Although daily gas demand in Britain was set to be only around 192.6 mcm on Thursday, over a quarter below the seasonal norm, the system was expected to be undersupplied by 17.8 mcm, according to National Grid, implying the need for storage withdrawals.  MORE