Sunday, January 01, 2006

Russia turns down the tap

This is a link to a BBC story about Russia turning down the Gas tap to the Ukraine.

It will be interesting to see how this is handled. The Ukraine has some indigenous supply. It does, however, supply a lot of Russia's gas to Europe. Whether the Ukrainians will extract from the supply for themselves is not clear.

Gas moves more slowly than electricity - obviously. In the UK it takes about a day to cross the system. How long it will take for any impact of this to hit the Interconnector to Belgium I am not sure, but it could be 2 days. On top of that we have vague hints from the GFS of reducing temperatures leading to a "snow event" on Friday.

All in all this may be a time to watch out for that which emanates from the fan.


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