Trevor Sikorski News

UK Gas Storage Capacity at Risk, Sparks Price Rally

which, if verified, would limit the amount of stock in the Rough reservoir to a range of 29 TWh to 32 TWh," operator Centrica Storage Ltd said in a market message on Wednesday. That equates to a 30 percent reduction in storage capacity or a loss of 1 billion cubic metres of gas supply, said Trevor Sikorski, analyst at London-based consultancy Energy Aspects. Injection and withdrawal capacity from the site remain unaffected, according to Centrica, which said it is investigating the issue and will update the market when more information becomes available. The announcement drove British gas