LONDON, Nov 15 (Reuters) - British and European wholesale
gas prices rose on Monday morning on cooler weather and as the
market players await transit capacity auctions on Monday that
could indicate Russian supply to Europe for the next months.
* The British contract for next day delivery was
up
13.25 pence at 1.92 pounds per therm by 1009 GMT.
* The contract for immediate delivery rose 15.9
pence
to 1.923 pounds per therm.
* The benchmark Dutch front-month contract rose
3.53
euros to 78.53 euros per megawatt hour (MWh) and the next day
contract was up 3.48 euros at 78.18 euros per MWh.
* "Temperatures across the UK and Europe are forecast to be
colder
than normal over next two weeks and that is being priced in,"
another gas trader said.
* Anther trader said market liquidity was low ahead of gas
transit
auctions later today.
* Russian gas flows to Europe via the Yamal pipeline, which
runs
through Belarus and Poland, rose on Monday above their weekend
levels.
* "Russian supply dynamics and the results of the capacity
auction
for December expected today might once again provide a direction
to the volatile European gas prices this week," Refinitiv
analysts said.
* "Given the outcome of the previous auctions and the fact
that
recently Gazprom has been booking some capacities for a
short-term delivery, we might see TTF and NBP gas prices soaring
again today on a strong bullish sentiment related to Russian
supply," they added.
* Russia has no plans to direct natural gas flows away from
Belarus, Kremlin spokesman Dmitry Peskov said on Monday
responding to threats made by Belarusian President Alexander
Lukashenko last week to cut transit to Europe amid a migrant
crisis on its western borders.
* In other markets, the benchmark Dec-21 EU carbon
contract was up 1.47 euros at 64.74 euros a tonne.
(Reporting by Marwa Rashad; Editing by Susanna Twidale)
National Grid (NG.)