Tuesday, June 26, 2007

U.K. Natural Gas Little Change Amid Imports; Next-Day Electricity Falls

(Bloomberg) -- U.K. natural gas for same-day
delivery was little changed as forecasts showed demand may
exceed supply for a second day. Shippers withdrew gas for
underground stores and imported the fuel from Belgium.

Gas for intraday delivery rose to 22.3 pence a therm, an
increase of 1.4 percent from the last price for deliveries today
in trading yesterday. The price is equivalent to $4.46 a million
British thermal units. A therm is 100,000 Btus.


Read more at Bloomberg Energy News

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