Yesterday's high demand for gas, coupled with a fall in domestic production led to a tightening in the UK gas balance. As a result, high imports from the Netherlands and Belgium were required to balance the system.
While the demand for gas continued to increase yesterday, the drop in domestic production in the UK combined with a drop in Norwegian flows led to a tightened UK gas system. This resulted in high storage withdrawals to balance the system. Cold weather is expected to support European gas demand and prices today.