Supply bottlenecks uphold North Sea region’s natural gas prices

22.07.2021

British wholesale gas prices rose on Wednesday as outages at facilities on the UK continental shelf (UKCS) reduced flows and wind power output remained very low.

The day-ahead contract was up 1.1 pence at 90 p/therm by 0855 GMT.

Gas for immediate delivery was 0.25 pence higher at 88.50 p/therm.

"Domestic UK Continental...