Interfax Global Energy
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UK gas security – changes ahead

As the UK’s gas production declines it will become increasingly dependent on imports at a time when storage capacity is low. Even moderate growth in demand will test the country’s supply options As the UK’s gas production declines it will become increasingly dependent on imports at a time when storage capacity is low. Even moderate growth in demand will test the country’s supply options.
By Catriona Scott 19 October 2018 Europe & Russia / Exploration & Production 0 32948
Easington receiving terminal for Norwegian gas. Norwegian flows will account for around 81% of the UK’s gas imports in Q2 2018. (Gassco)

Domestic production accounted for around 60% of the UK’s gas supply in 2010, but by 2035 it could account for less than a third. With the UK’s low levels of storage capacity unlikely to be significantly expanded in the near future, the country will be particularly dependent on imports to meet higher demand in the winter. This will be the case even if demand declines moderately. If demand rises over the next 10-15 years, the UK’s dependence on imports will be even greater and security...