LONDON, April 3 British wholesale gas prices
rose on Monday morning as requests for exports to Europe hit a
* Within-day contract rises 1.40 pence to 39.90
pence per therm at 0853 GMT.
* British day-ahead gas price up 0.75 pence at 40.05
pence per therm.
* Traders said prices were up due to high exports to Europe,
which have arisen from comfortable UK supply and a short Dutch
* Exports through the InterconnectorUK to continental Europe are
nominated at 38 million cubic metres (mcm), the highest level
since September, due to strong supply and increased injection
demand in Europe.
* However, the UK system is slightly oversupplied, with demand
forecast at around 235 mcm and flows at 238 mcm/day, National
Grid data shows.
* Imports from Norway are high at 100 mcm.
* Winter 2017 contract up 0.70 pence at 46.65
* Day-ahead gas price at the Dutch TTF hub 0.63 euro
higher at 15.95 euros per megawatt hour.
* Benchmark Dec-17 EU carbon contract was 0.04 euro
higher at 4.73 euros a tonne. The European Commission is due to
publish verified emissions data for 2016 at 1000 GMT (1200
* Thomson Reuters analyst view: here
(Reporting by Nina Chestney)