EUROPE GAS-Prices recoup some losses on higher demand expectations

LONDON, Oct 8 (Reuters) - British and Dutch wholesale gas
prices rose on Friday trade, partially recouping sharp losses
in the previous session, on expectations of higher demand for
heating and supply concerns.

* British gas for Q1/2022 delivery rose 17.9
pence to
2.7 pounds per therm by 0828 GMT.

* The Dutch gas price for December delivery
jumped
4.14 euros to 103.85 euros per megawatt hour at 0828 GMT.

* The November gas price at the Dutch TTF hub
dipped
by 0.50 euro to 101.50, having risen to 105.00 euros/MWh in
earlier trade.

* European gas prices are now around a third off peaks hit
earlier
this week, though they still are up some 300% this year.

* "The signal from weather inputs is moderately bullish
since wind
output remains below normal and temperatures are expected to dip
further, supporting thermal power generation and heating demand
in Europe," Refinitiv analysts said.

* "Gas heating demand is expected to ramp up sharply and
weather
will be the major driver of gas fundamentals," they added.

* The UK system was 10 million cubic metres (mcm)
over-supplied on
Friday, National Grid data showed.

* In the UK, peak wind power output will drop from 5.1 GW on
Friday to 3.8 GW on Saturday, Elexon data showed.

* Gazprom's China-focused Amur gas processing plant in
Russia's
Far East has halted operations after a fire early on Friday, a
spokesman for the plant told Reuters. The broader implications
were not immediately clear.

* The benchmark Dec-21 EU carbon contract was down
0.49
euros at 59.88 euros per tonne.
(Reporting by Marwa Rashad; Editing by Nina Chestney)