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Rough storage: Impact of capacity loss

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30 March 2015

Rough storage: Impact of capacity loss

Report summary

The UK gas market has very limited storage compared to other large gas markets in NW Europe, with 73% of it's working gas volume found in Centrica's Rough facility.  The recent announcement by Centrica Storage Limited that there is a potential issue with well integrity at Rough could reduce the reservoir capacity by up to 1 bcm or 20% of total UK .  Our initial review suggests that alternative supplies are available, providing limited upside to our winter 2015/2016 price view.

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