U.K. may run out of natural gas today, National Grid warns [Seeking Alpha]
National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG)
US:NYSE Investor Relations:
investors.nationalgrid.com
Company Research
Source: Seeking Alpha
U.K. may run out of natural gas today, National Grid warnsU.K. gas system operator National Grid (NGG+0.3%) issued a rare “gas deficit warning” earlier today, indicating the country could run out of natural gas because demand is running high amid unusually harsh weather conditions.NGGestimates U.K. gas demand today of 404M cm, up from an initial forecast of 396M cm, while supply is forecast at just 376M cm; the system had opened more than 50M cm after an unplanned outage at the South Hook LNG facility added to other outages affecting domestic production.The “Beast from the East” is the most severe winter storm seen in the U.K. and much of Europe in many years.Click to subscribe to real-time analytics on NGGNow read:4 Global Value Picks That Hit Multi-Year Lows In February »
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NGG
Sec Filings
- 4/30/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/10/24 - Form 6-K
- NGG's page on the SEC website