EUROPE GAS — Prices edge up on lower temperatures, less renewables output
North-west Europe LNG send-out falls, demand seen rising Morgan Stanley lifts winter TTF forecast to €90 per MWh Gas storage seen entering winter at 74%-Morgan Stanley LONDON, Oct 16 (Reuters) — Benchmark Dutch and British wholesale gas prices edged up slightly on Friday morning as lower temperatures and renewables output are expected to increase demand. The benchmark Dutch front-month contract at the TTF hub edged up by €0.42 to €86.85 euros per megawatt hour (MWh) by 0814 GMT, ICE data showed. The British front-month contract rose by 0.71 pence to 214.36 pence per therm. Earlier this week, prices rose to four-year highs due to competition with Asia for liquefied natural gas (LNG) as fresh buying interest emerged and there were renewed attacks on LNG tankers in the Middle East. From Wednesday, prices started to ease due to some profit taking. "Even with recent warm weather and recovery in Gulf LNG flows to 30% of pre-conflict levels, our European perimeter will still enter winter with storage at record low of 74%," Morgan Stanley analysts said. "Gulf LNG recovery also looks fragile, driven by a drawdown of LNG on the water, rather than higher output from Ras Laffan. Vessel attacks