Gas Balancing Alert Issued

Interestingly a GBA was issued today. Although the capacity of the network has been increased by the LNG facilities there remains the problem with storage and the direction of flow for the interconnector.

The problem is that we face some really cold weather. The system would not have coped in 2005-7. It is unclear as to whether it can cope now, but I will do some analysis over the next few days.

The gross inputs are running at just under 500 mcm/d. That includes from short term storage. Short term storage is called short term storage because it lasts only a few days. Much of this is stored liquified natural gas.

This then drives down the limit that the system can cope with.