UK summertime blues: coronavirus pushes gas market to deadlock
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- Executive Summary
- Introduction
- The NBP discount to TTF deepens
- UK gas demand is under pressure
- Exports are reaching their limits
- With space for storage injections very limited
- UK domestic gas production is holding firm – so far
- with Norwegian piped suppliers and LNG importers adapting
- but the space for both Norway and LNG will shrink further
- Has all of the UK market space already run out?
- Conclusions
Tables and charts
This report includes the following images and tables:
- NBP-TTF differential
- UK gas demand
- UK gas infrastructure
- Pipe exports - Ireland (Moffat Interconnector)
- Net pipe imports - IUK & BBL
- Pipeline tariffs – IUK & BBL
- UK storage inventory
- UK gas production
- UK gas production against short-run marginal cost (SRMC) of production and total annual opex
- Daily pipe imports from Norway
- Daily LNG send-out
- Summer UK gas supply-demand balance
What's included
This report contains: