<The World according to GaveThe Oil Drum: EuropeEU oil imports set to grow by 29% by 2012>

9 comments on UK Energy Trends, Q206

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ziz on October 2, 2006 - 12:54pm Permalink | Subthread | Comments top
To readers of this excellent site - ie well informed observers, the figure present few surprise, indeed it would not be difficult to arrive at a consensus view for the indigenous energy production for the next 4/8/12/ quarters.

The decline in domestic energy consumption reflects lower industrial activity (and let us be fair, improved productivity) but will be spun as energy conservation beginning to bite (which again, to be fair, with the higher prices will be true) and vindicate Gubment policies.

Expect great jubilation when the Norwegian pipeline is "opened" in London by Tony on October 16th with Norwegian PM Jens Stoltenbergin (although no gas will flow for 12 months) and claims of great Gubment foresight to meet future energy needs.
http://www.hydro.com/ormenlange/en/media_room/news/2006_09/blair_en.html

A public festival will be held in Easington (UK landfall for the pipe) on 14 October, where the whole village will be invited to a huge English tea party.... which I intend to join.

Questions about energy security when 20% of the UK gas / energy will depend on a single 42" x 1,200 Km pipeline will be ignored/ shrugged off / considered insane .

Concerns about coal usage for electricity generation and concern about CO2 production will be forgotten as the EU ETS scheme collapses. Buy shares in Drax....get a wood stove and buy a chunk of forest.

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Blue Peter on October 4, 2006 - 7:26am Permalink | Subthread | Parent | Comments top
[quote]
although no gas will flow for 12 months
[/quote]

Why is this the case? I gather that yesterday's (3rd Oct) negative gas price was due to gas flowing through the pipe (a test), so what is to stop it being used in anger, as it were?

Peter.

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ziz on October 5, 2006 - 1:26pm Permalink | Subthread | Parent | Comments top
This is slightly confusing I admit. Gas flowed throught the pipe at full pressure for testing purposes, from the Norwegian coastal pumping station. The Gas field Ormen Lange will not be flowing commercially until next October. You have of course read all the PR guff indicating that all our energy security concerns are over that the press re-cycle.

Go to the Norsk Link above and you will find a lot of very detailed information about the development of the field, the pipeline etc.,

The story about excess gas and zero prices etc., reflects of course the lamentable state of gas storage available in the UK more than the mild weather - reduced demand.

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