Centrica draws from UK’s largest gas storage offshore Yorkshire where equivalent of 18 LNG cargoes are held
Centrica Plc, the UK owner of the British Gas utility business and an LNG importer, has released stored gas into the grid from the Rough Gas Storage system for the first time this winter season.
UK gas storage
April 19 (LNGJ) - The UK’s North Sea Transition Authority has offered a 10-year licence to a company called dCarbonX to store natural gas in the depleted Bains Gas Field in the East Irish Sea. “Redeveloping Bains for gas storage could deliver a storage capacity equivalent to three to four days' supply for the UK with injection potentially starting in 2028,” said the Authority.
The Bains gas field is in UK Block 110 and located about 17 miles (27km) west of Blackpool in northwest England. UK utility Centrica had developed it as a subsea tieback to the South Morecambe Field. The gas was transported through a subsea pipeline to the gas terminal at Barrow-in-Furness but production ceased in 2017.
North Asia LNG spot prices jump again along with US futures and Dutch TTF amid higher cargo flows
Liquefied natural gas prices jumped for the September delivery cycle for North Asia spot shipments along with the number of cargo liftings at global liquefaction plants as US front-month Henry Hub natural gas futures broke through the barrier of $4.000 per million British thermal units for first time in 2021.
