Title: Looking to Winter: Pressure on the Gas Forward Curve
URL(s):

http://www.cera.com/eprofile?u=35&m=2797;


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ABUNDANT CONTINENTAL GAS SUPPLIES SET TO PUT PRESSURE ON THE UK FORWARD CURVE

The UK forward curve may come under pressure in first quarter 2002 as abundant
supplies of Continental gas become available for import into the United
Kingdom. CERA identifies four key pressures on the Continent that could make
surplus gas available at low cost:

*  Contract prices are on the slide.

*  Contract volumes are running ahead of demand.

*  Storage levels are high.

*  LNG cargoes are returning.


**end**

Follow above URL to complete Insight (3 printed pages).



E-mail Category: Insight
CERA Knowledge Area(s): European Gas


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