Moderator: Peak Moderation
http://business.timesonline.co.uk/tol/b ... 723006.eceThe Government is expected to duck one of the key energy issues facing industry next month by failing to set out ways to boost Britain?s gas storage capacity, The Times has learnt.
Doing some quick calculations with the 2004 gas consumption stats from the BP energy review, if this graphic were to show billion cubic meters of storage per bcm of annual consumption in the same year, the listing would be:clv101 wrote:
It would be funny if it wasn't so serious. As far as I remember, UK uses more gas than any other country in Europe.
Russian gas and European energy security
The storage space is there. But where would you get the gas from to inject back in there?kenneal wrote:Funny thing is, as well as using more gas, we probably have more storage space than the rest of Europe as well. We have all those empty gas wells. Why can't we put some of it back where it came from?
If we can't get the gas, why do we need the storage?The storage space is there. But where would you get the gas from to inject back in there?
I expect that the gas extraction companies which own the expensive infrastructure, which they were expecting to fund by selling gas, might have some problems with this strategy,kenneal wrote:Instead of taking the gas out and then putting it back, why don't we import a base level of gas and just take out the occasional extra we need from the North Sea?
I think you're right Peter.Blue Peter wrote:I expect that the gas extraction companies which own the expensive infrastructure, which they were expecting to fund by selling gas, might have some problems with this strategy,kenneal wrote:Instead of taking the gas out and then putting it back, why don't we import a base level of gas and just take out the occasional extra we need from the North Sea?
Peter.
The world's leading energy watchdog has warned of a looming global gas shortage unless more money is poured into investment.
The Paris-based International Energy Agency said the fuel would take a more dominant role over the next decade and supply must be expanded to match it. It said that while consuming countries could consider building up emergency stocks, this would not be "a silver bullet".
Eternal Sunshine wrote: I wouldn't want to worry you with the truth.
The arrticle exaggerates somewhat. We have an ever increasing range of options available to get gas, including but not limited to an ever increasing amount of gas storage capacity. There's nothing to suggest that the Government could provide more, or quicker, than the market is already doing. And the market could do it quicker still if the planning system could be sorted as the Government's trying to do.Erik wrote:More than a year has gone by since the last post in this thread, and the news is...
A lack of adequate gas storage has left Britain's energy market like a “house of cards”, more vulnerable to supply shocks than any other country in Western Europe, according to a leading energy analyst.
...that nothing has changed.
http://uk.reuters.com/article/UK_SMALLC ... 8120070614MOSCOW, June 14 (Reuters) - German-Russian joint gas venture Wingas has had to delay the opening of its 700 billion cubic metre Saltfleetby gas storage facility in Britain due to a bureaucratic obstacle, its chairman said on Thursday.
"I'm afraid that the project will be delayed by a year or two from 2008," Rainer Seele told reporters in Moscow.
"It's a bureaucratic obstacle. It has nothing to do with politics. Our documents were sent back to us a couple of months ago and we now have to do all the paperwork again.
"It ... makes us uncertain how the authorities will behave towards the project... It would be very helpful if Britain had specific legislation covering storage activities, like we have in Germany."
Another official, who declined to be named, said the hold-up was the result of a local government decision.
"But anyway it will be loss-making for our business because we have been planning to sell more gas in the UK," the official said.
Wingas, which is continental Europe's number three gas storage operator, is a subsidiary of Wintershall, the oil and gas arm of German chemicals group BASF (BASF.DE: Quote, Profile, Research), in partnership with Russian gas monopoly Gazprom (GAZP.MM: Quote, Profile, Research).
Gazprom has 35 percent of the venture but expects to raise it to 50 percent in the near future.
