UK gas supply MAPPED: Where does UK’s gas come from?

Ruth Davidson discusses gas price issues on Peston

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info

Gas prices have hit record levels and will remain high throughout the winter experts have said. The founder of manufacturing giant Ineos has warned industry could be forced to close if supplies run out, with a lack of gas storage in the UK. But where exactly does the UK’s gas come from?

Sir Jim Ratcliffe, founder of Ineos told ITV’s Peston a sharp winter could lead to a widespread shutdown as demand from business and consumers outweighs supply.

Asked if the country could shut down due to a prolonged cold spell, he replied: “Yeah, in which case then, what you would do is you’d shut down industry.”

“I think it’s quite difficult to predict how long this sort of current situation’s going to last, but you know I suppose if you were a betting man you’d assume it would probably run through at least through the winter because obviously, our gas demand increases in the winter.”

Experts have predicted a cold winter this year, which could see householders using more gas and pushing supplies to the brink.

Read More: EU crumbles as 20 countries agree to spread Putin’s sky-high gas price

Where does UK’s gas come from?

The UK’s gas supply comes from a range of sources.

The main supply according to data from 2020 was on home turf, with 438,520 gigawatt hours (GWh).

Next was Norway with 266,155 GWh, followed by Qatar at 96,904 GWh.

Data from the Department for Business, Energy and Industrial Strategy shows UK production and imports in gigawatt hours in 2020 as follows:

In recent months several smaller gas providers have gone bust due to rocketing global wholesale energy prices – with Daligas the latest firm to have collapsed.

People’s Energy, Green Supplier Ltd, Utility Point, PfP Energy, MoneyPlus Energy, and Avro Energy have also shut down – impacting more than 1.5 million customers.

Neil Lawrence, director of retail at Ofgem, said: “Ofgem’s number one priority is to protect customers.

“We know this is a worrying time for many people and news of a supplier going out of business can be unsettling.

Gas price crisis POLL: Do you think your energy supplier will go bust? [POLL]
UK energy crisis: Fears of return to three day week if gas runs out [ANALYSIS]
Nicola Sturgeon slammed for trying to hijack gas crisis [INSIGHT]

Mr Lawrence added he wanted to “reassure affected customers” and said they “do not need to worry.”

For anyone affected by their supplier shutting down, Ofgem would “make sure your energy supplies continue.”

Mr Lawerence explained: If you have credit on your account the funds you have paid in are protected and you will not lose the money that is owed to you.

“Ofgem will choose a new supplier for you and while we are doing this our advice is to wait until we appoint a new supplier and do not switch in the meantime.

“You can rely on your energy supply as normal.”

And business secretary Kwasi Kwarteng reassured Brits saying the UK has a “diverse range of gas supply sources”.

Speaking in the House of Commons Mr Kwarteng said: “We have sufficient capacity, and more than sufficient capacity, to meet demand and we do not expect supply emergencies to occur this winter.

“There is absolutely no question of the lights going out or people being unable to heat their homes. There will be no three-day working weeks or a throwback to the 1970s.

“Such thinking is alarmist, unhelpful and completely misguided.”

Source: Read Full Article