Financial Times FT.com

Winter gas supplies could lead to price fall

By Ed Crooks, Energy Editor

Published: October 3 2008 00:56 | Last updated: October 3 2008 00:56

Gas supplies over the winter will be stronger than they have been for many years, creating the potential for a fall in prices, a leading consultancy says in a report released on Friday.

The report comes as National Grid, which runs the gas and power transmission networks, said electricity supplies would be sufficient to meet demand over the winter, even if conditions were harsher than expected. The Met Office has forecast a warmer than average winter.

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