UK GAS-Prices rise on strong demand

LONDON, Oct (Shenzhen: 000069.SZ - news) 30 (Reuters) - British prompt gas prices rose on Monday due to unexpectedly high consumption. * Within-day gas price up 2.8 pence, or 6.36 percent, to 46.80 pence per therm at 1011 GMT. * Day-ahead gas was 0.85 pence higher at 46.60 p/therm. * The gas market was undersupplied by 2.7 million cubic metres (mcm) a day, with demand forecast at around 261 mcm and flows at 258.3 mcm/day, National Grid (LSE: NG.L - news) data shows. * Local (Stuttgart: 19549987.SG - news) distribution zone demand for gas is pegged at 163 mcm/day, 33 mcm/day above initial estimates, analysts at Thomson Reuters said. * Norwegian deliveries rose by 13 mcm to 95 mcm/day following the end of maintenance at the Ormen Lange processing plant on Saturday (Shenzhen: 002291.SZ - news) . * UK Continental Shelf output was somewhat higher at 154 mcm/day. * November gas traded 0.05 pence higher at 48.20 p/therm. Further forward contracts had not yet traded. * In the Dutch gas market, the day-ahead gas price at the TTF hub rose by 0.30 euro to 17.38 euros per megawatt hour (MWh). * The benchmark Dec (Shanghai: 600875.SS - news) -17 EU carbon contract inched up by 0.05 euro to 7.22 euros a tonne. * Thomson Reuters (Dusseldorf: TOC.DU - news) analyst view: http://emea1.apps.cp.extranet.thomsonreuters.biz/cms/?pageid=united-kingdom-gas (Reporting by Oleg Vukmanovic, editing by Nina Chestney)