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via uk.finance.yahoo.comBusiness & Companies

Jackdaw North Sea gas field to start production within days

FROM THE WIRE · UK.FINANCE.YAHOO.COM

The controversial Jackdaw gas field in the North Sea is set to start production within days, an energy minister has said. Michael Shanks, who is deputy to Miatta Fahnbulleh, the Energy Secretary, said gas from the site would start flowing into UK pipes shortly to help meet…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishJackdaw start-up adds UK domestic gas supply ahead of winter, which may affect gas prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01A UK energy minister expects gas to start flowing in the coming days.
  2. 02Adura, the Shell and Equinor joint venture, owns the field.
  3. 03Gas will travel through a 20-mile subsea pipeline to the Shearwater hub.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Equinor ASAEQNR.OLStock407.60 NOKMarket closedtoday +1.87%Neutral Shell plcSHEL.LSEStock3,719.50 GBpMarket closedtoday +1.49%Neutral Natural GasCOMMODITY:NATGASCommodity3.23 USD+0.56%today -3.26%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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