UK GAS-Cooler weather lifts prices for second day

LONDON, April 25 (Reuters) - British wholesale gas contracts were mostly higher on Thursday morning as a drop in temperatures continued to provide support for the second day in a row.

* Day-ahead gas rose by 1.25 pence per therm to 32.00 p/therm by 0820 GMT.

* Gas for immediate delivery up 1.00 p/therm at 32.00 p/therm.

* Temperatures for Thursday, Friday and the weekend are revised slightly down from earlier forecasts, Refintiv data shows.

* "Consumption is forecast to increase in the coming days as the period of warm weather ends," Refintiv analysts said.

* Despite the rise, prices are still at multi-year seasonal lows due to strong supply of liquefied natural gas (LNG) to Europe and high gas stock levels.

* The weekend contract was down 0.19 p at 31.81 p/therm.

* The gas system was 6.2 million cubic metres (mcm) oversupplied, with demand forecast at 217.5 mcm and supply at 223.7 mcm, National Grid data shows.

* Liquefied natural gas (LNG) supply is strong.

* Seven LNG tankers are expected to berth at UK terminals between April 25 and May 2, with sendout likely remaining strong.

* "There are several cargoes beyond that approaching the Suez that could also go to South Hook, with one plausible for Dragon or Isle of Grain," analysts at Refintiv said.

* Additionally, flows from Britain to Belgium via the Interconnector pipeline are halted due to maintenance until May 1, resulting in more gas staying in Britain.

* Storage injections increased due to the export curb, but were lower on Thursday due to higher consumption.

* Wind generation is forecast at 7.8 gigawatts (GW) on Thursday, with a slight reduction on Friday to 7.0 GW, meaning more gas may be needed for power generation, Elexon data shows.

* Gas for May delivery was up 0.35 p at 34.15 p/therm.

* Day-ahead gas at the Dutch TTF hub was 0.37 euro higher at 14.55 euros per megawatt hour, while May contract rose by 0.30 euro to 14.45 euros per MWh.

* EU benchmark carbon contract for Dec. 2019 delivery was 0.10 euro higher at 27.50 euros a tonne. (Reporting by Ekaterina Kravtsova; editing by Nina Chestney)