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Politics : Rat's Nest - Chronicles of Collapse

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To: Wharf Rat who wrote (10175)	3/29/2010 11:08:41 AM
From: Wharf Rat	Read Replies (1) of 24225

How Close will the U.K. Come to Running Out of Natural Gas in Storage this Spring? Posted by Rune Likvern on March 29, 2010 - 9:46am in The Oil Drum: Europe Compared to previous years, this heating season in the U.K. has called for record withdrawals of natural gas from U.K. storage to balance demand. This drawdown will result in increased demand for natural gas for refilling of the U.K. storage facilities this spring/summer. Apart from a colder than normal winter, a considerable contributor to the growing use of storage withdrawals to balance demand this winter has been an accelerated decline rate in indigenous U.K. marketable natural gas supplies--recently as high as 17% on an annual basis. The decline rate and colder weather have also contributed to a noticeable growth in U.K. LNG (Liquefied Natural Gas) imports and a decline in natural gas supplies sent from the U.K. to Continental Europe. This pattern of increasing LNG imports and declining exports to Continental Europe is expected to continue... europe.theoildrum.com

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