The Nyhamna plant in Norway is unavailable for natural gas processing due to a power outage with an uncertain duration at the onshore facility
, data from Norwegian gas system operator Gassco showed early on Tuesday afternoon local time. A total of 33.8 million cubic meters mcm out of the plant’s 79.8 mcm of technical capacity were not available as of 3 p.m. local time, with early Wednesday morning provisionally indicated as the end of the outage. The outage comes after the Nyhamna plant was offline for several days in early June after the Sleipner hub offshore Norway was shut down.
The Sleipner hub outage sent the Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, surging by 10% on a single day on June 3, to the highest level in six months. The repair work on Sleipner Riser has been completed, Gassco said on June 7, and flows to the Easington terminal in the UK were restored. Supply risks continue to pressure upward European benchmark gas prices, which have already jumped on two occasions this month as the market feared supply shocks.
Gas Gas Exports Power Outage Nyhamna Gas Exports
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe's Natural Gas Prices Soar on Sudden Supply Outage in NorwayEuropean natural gas prices surged on Monday to the highest level in six months after a sudden supply outage in Norway.
Read more »
European Natural Gas Prices Drop on Norway Outage UpdateEuropean natural gas prices fell back as news emerged that the production outage in Norway will be over by Friday.
Read more »
Norway Restores Natural Gas Flows to UK Terminal after OutageNatural gas from Norway resumed flowing to Britain's Easington terminal early on Friday, following several days of repairs on a pipeline link that had halted supply to the UK terminal and sent European gas prices to a six-month high
Read more »
AT&T and Verizon outage leaves users unable to make calls like 911AT&T and Verizon customers primarily in the Northeast and Midwest in the US have had issues calling and texting.
Read more »
Norway’s prison model puts Britain’s cramped, filthy jails to shameNorway’s Halden prison is calm, cushy and quiet compared with Britain's crammed prisons, and is at the core of the world’s best incarceration system when it comes to stopping people from committing crime, writes Ian Birrell
Read more »
How Norway’s calm, cushy prisons put Britain’s model to shameNorway is at the core of the world’s best incarceration system when it comes to stopping people from committing crime, writes Ian Birrell
Read more »