Last week’s decision by Centrica Storage (CSL) to permanently close Rough, the UK’s largest gas storage site, after well integrity tests confirmed it is no longer safe for operation, did not come as a surprise. While leaving some UK gas market participants concerned over the country’s capacity to meet gas demand this coming winter, Rough's shutdown looks set to benefit interconnectors, mid-range gas storage operators, UK regas capacity holders and flexible producers in the North Sea.
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