Tuesday, January 6, 2009

Ukrainian gas problems

Once again Ukraine has reduced gas supplies to western Europe. Yawn.

I was chatting to a colleague of mine about this - after all it's a major energy security headache, and he suggested that it wasn't a reason to build coal. Rather, he suggested, we should invest in more gas storage facilities.

I suppose that he is right, but right now it's a bit concerning.

The BBC caries a bit more news - A statement on Naftogaz's website lists nine countries, including Germany, Poland, and Hungary which, it says, will receive reduced supplies - going to Naftogaz's website reveals the list includes Moldova, Bulgaria, Romania, Greece, Turkey, Poland, Hungary, Slovakia, Germany.

So not us, yet.

It might though - what's to stop these countries (or those further down the pipe) reducing their flow on to us? We're a net importer of gas, the north sea just doesn't cut the mustard any more.

Looks like we'd better start thinking seriously about more gas storage, or ways to reduce gas dependency.

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