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46 comments on Update on UK Natural Gas Supplies and Storage
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46 comments on Update on UK Natural Gas Supplies and Storage
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Is it time to panic yet?
I wonder what affect the Russian-Ukraine gas situation this winter had on drawdown. You can see an insane drop-off on January 1st. Surely now that the situation is resolved, the emergency drawdown can moderate some.
If you look at exports you will see they are around 26 mcm/day so around 800 mcm for January. Add this back to the actual and it takes it back to similar levels in previous years. WTF are our gas companies doing exporting gas ????
Maybe exposing various countries to gas shortages provides a more tangible excuse for future increases in prices? Artificial scarcity seems to have been used for this purpose throughout history.
WTF are our gas companies doing exporting gas ????
Trying to cover the Ukrainian position.
They failed, which is why the Ukraine is now
solidly in the Russia orbit.
Heard much from Yushchenko?
Standard & Poor’s has quashed rumours that it will soon strip Britain of its AAA credit rating. Playing games with Reykjavik on the Thames.
"cabinet minister did not altogether joke when he said: “The banks are fucked, we’re fucked, the country’s fucked."
"Heard much from Yushchenko?"
Last i heard he was still trying to bolster his weak position by claiming he would not ratify the deal since it was a loss as opposed to Prime Minister Tymoshenko who claims it as a victory. Neither of them would accept the Ukraine is now solidly in the Russia orbit. Yushchenko's days look numbered with little chance of retaining his position in the coming election.
I hope the agreement holds for the ten years and I am glad to see the intermediaries have been sidelined, hopefully less corruption. My guess is that the Ukraine will still struggle to pay the market price in 2010 so let's see what happens then. If the Ukraine are being friendly towards Russia then they amy still get "mates rates" for some gas.
Now when will that northstream pipeline be online??
The northstream pipeline will not come online for at least 3 years.
The Finnish authorities have been dragging their feet because of the environmental impacts it will have.
The bottom of Gulf of Finland and the Baltic Sea are covered with all sorts of waste and it is feared that the building process will disturb it and affect the already fragile environment.
Also of concern are unexploded mines at the bottom of Gulf of Finland along the route.
And the sequence of events if we do get a shortfall ? Interruptible industry first ? How bad would it have to be before my boiler cuts out ? That's the bottom line ...
Actually I chose my boiler partly because it can run on LPG without adjustment.
For most people - I would guess the 90% on mains gas - it would be plug-in heaters, propane cylinders ( for the 8 hours the shops have stocks ), wood stoves etc.
Together with a 100A cable, LPG generator and 2 pairs of 47kg bottles I will ( from next year ! ) just about do a whole winter on reduced load without mains gas or electric. Not bad for a stealth behind the shed installation.
I do wonder though - in Bulgaria, for example, the electric grid faltered but did not collapse. There weren't mass deaths by freezing. Things adapt.
Of course we are a) softer and b) don't give a crap about elderly relatives in the UK and will probably see pensioners dying and carbon monoxide poisoning ( as people drag their BBQs indoors ) followed by mass burst water pipes.
According to Interconnector data, natural gas exports from UK to Continental Europe increased with approximately 10 Mcm/d from January 20th to January 21st.