UK gas up on Elgin Franklin outage, tight supply

British gas prices extended gains early on Tuesday due to lower supply stemming from the Elgin Franklin gas field outage and continuing cold weather, traders said.
Gas for Wednesday pushed up 0.30 pence at 49.50 pence per therm at 1048 GMT compared with day-ahead closing prices on Monday, while December was flat on 48.90 pence ($7.79 per mmBtu) and January rose 0.50 pence at 50.90 pence.
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Source: Reuters