UK gas reserves 'concerningly low', warns biggest supplier
Jan 11, 2025 · Centrica noted that the UK's gas storage capacity is around 10 percent or less than in France, Germany or the Netherlands. ... Deliveries of Russian gas to Europe via Ukraine pipelines stopped on January 1, after Kyiv refused to renew a decades-long arrangement that earned billions of dollars for both countries.
British Gas owner sees supply arm hitting targets two years early
Jun 5, 2024 · Centrica cheered a ‘more normalised external environment’ as energy markets recover after the crisis sparked by Russia’s war with Ukraine. British Gas owner Centrica has said its household supply arm will be back to a “sustainable” level of profit in 2024, two years earlier than planned, as energy markets begin to return to normal.
UK gas reserves 'concerningly low', warns biggest supplier - MSN
Centrica said the rest of Europe faced a similar situation. "Despite many countries mandating minimum storage levels ahead of winter, European storage was at 69 percent capacity (on Tuesday), down ...
Why UK gas storage levels are 'concerningly low' – DW – 01/16/2025
Jan 16, 2025 · Plunging temperatures in recent weeks and the end of Russian gas deliveries via Ukraine have hurt gas inventories in the United Kingdom, ... Centrica has proposed a 2 billion pound ($2.43 billion ...
British Gas owner sees supply arm hitting targets two years early
Jun 5, 2024 · Centrica cheered a ‘more normalised external environment’ as energy markets recover after the crisis sparked by Russia’s war with Ukraine.
Why UK gas storage levels are ‘concerningly low’
Jan 16, 2025 · Centrica has proposed a 2 billion pound ($2.43 billion, €2.38 billion) investment to return the Rough storage facility to full capacity and has called on the UK government to help underwrite the ...
British Gas owner sees supply arm hitting targets two years early
Jun 5, 2024 · Centrica cheered a ‘more normalised external environment’ as energy markets recover after the crisis sparked by Russia’s war with Ukraine. Centrica said its retail supply and optimisation...
Centrica: Britain's gas reserves are "concerningly small"
Jan 10, 2025 · Around half of England's storage capacity is provided by Centrica's depleted Rough gas field, located off the east coast. Rough stopped storing the gas in 2017, but was reopened at a lower capacity in 2022 amid the global energy crises following Russia's invasion in …
Centrica may close UK’s largest gas storage site. Is… - inkl
2 days ago · The economics of gas storage, the company says, only work when the difference, or spread, between summer and winter prices is wide. That was the case in the two years after Russia’s invasion of Ukraine, but not now. Centrica has not ruled out closure of Rough, which currently represents half the UK’s gas storage capacity, before next winter.
UK in talks to reopen giant gas storage facility for winter
May 30, 2022 · The government is in talks with energy firm Centrica about re-opening a giant gas storage facility in case European supplies from Russia are cut off. The discussions form part of contingency...
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