UK GAS-Prices rise on lower Norwegian supply

LONDON, June 14 (Reuters) - British wholesale gas prices
rose on Monday morning, supported by lower flows from Norway and
bullish carbon prices.

* The day-ahead contract was 3.50 pence higher
at
71.25 pence per therm by 0849 GMT.

* The July contract was up 3.45 pence at 70.90
p/therm.

* Traders said lower supply and bullish carbon prices were
supporting prompt prices.

* Flows from Norway through the Langeled pipeline were down
by 32
million cubic metres (mcm), as gas was re-routed from Britain to
continental Europe.

* Liquefied natural gas send-out is nominated at 24 mcm/day,
4 mcm
lower compared to the previous day.

* The system was under-supplied by 4 mcm, with demand
forecast at
109 mcm and supply at 105 mcm/day, National Grid data showed.

* Peak wind generation is forecast at 8.3 gigawatts (GW) on
Monday
and around 8.9 GW on Tuesday out of total metered capacity of
around 18 GW, Elexon data showed.

* The Dutch July contract at the TTF hub was
0.90
euro higher at 29.05 euros per megawatt hour.

* The benchmark Dec-21 EU carbon contract was up
by 1.12
euros at 53.79 euros a tonne.

* The UK Dec-21 carbon contract was 0.80 pounds
higher
at 46.90 pounds per tonne.
(Reporting by Nina Chestney)