3 May 2024
Pricewatch – UK enjoys brief gas export blip driven by LNG deliveries and Rough closure
Publication date: 02 August 2017
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UK gas exports on its interconnector with Belgium approached an all-time high last month, but data suggests this trend could be winding down.
Despite a heatwave that began in late June, the UK market was awash with supply in July. US LNG imports into the Isle of Grain terminal in southern England and the decision to stop injecting gas into the country’s largest storage facility Rough left more volume on the grid.
Along with the effect of crude oil prices, those factors helped ...