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CommentWire
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Q4 2003 data published by the DTI shows gas exports down 40% and imports up 80% on 2002. Whether this means the start of an increased reliance on imports for gas from now or not, the development raises interesting questions for gas retailers' purchasing strategies.
Published By Datamonitor
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16 Apr 2004 |
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CommentWire
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The Anglo-Dutch gas pipeline will be a key route for continental gas imported into the UK. Centrica [CNA] is to take 8bcm per year from Gasunie through the BBL, in addition to agreeing a recent 1bcm fixed price contract with Statoil [STL.OL]. Fixed price contracts are particularly appealing right now as a tool to guard against future price volatility and protect margins.
Published By Datamonitor
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01 Jun 2004 |
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CommentWire
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National Grid Transco's [NGT.L] proposed sale of UK gas distribution networks may well be affected by wrangling over the regulated asset value of these businesses. This appears simply to be horse trading before the preliminary bids are issued, and the real strategic importance of these assets lies in the potential development of horizontally integrated operations.
Published By Datamonitor
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29 Jun 2004 |
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CommentWire
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The record high levels in UK wholesale gas prices seen in recent weeks have encouraged a large number of end users to delay signing contracts for the new gas year. However, a combination of market fundamentals and trader sentiment means that prices are likely to remain high over the longer term.
Published By Datamonitor
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04 Oct 2004 |
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CommentWire
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The recent decision by the Dutch government to acquire full ownership of the Dutch gas grid has been welcomed as a catalyst towards a liberalized Dutch market. However, despite the advances in market opening the proposed deal will bring, considerable progress still needs to be made in bringing about a meaningfully competitive market in the Netherlands.
Published By Datamonitor
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03 Nov 2004 |
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CommentWire
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As the UK's North Sea gas production diminishes, new players will replace the oil majors in supplying gas to the UK. With the development of gas transportation infrastructure by 2007, gas will be imported from the east direct to the UK. This will allow Germany's E.ON Ruhrgas and Wingas access to the UK market, possibly replacing existing industrial gas suppliers, such as BP, Total and Shell.
Published By Datamonitor
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14 Dec 2004 |
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CommentWire
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UK regional gas distribution price increases may come into force in October. Eight regional charges will replace a flat gas distribution charge, and retail tariffs could rise by 1.1% nationally. The implications for incumbent gas supplier Centrica are crucial: it may introduce regional retail tariffs to compensate, something Ofgem needs to appreciate at the outset.
Published By Datamonitor
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12 May 2005 |
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Expert View
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Plans to build a gas pipeline link between Poland and Germany are continuing to advance. When complete, the pipeline will bring a number of benefits including increased security and diversity of supply, as well as making PGNiG's upcoming IPO more attractive to potential investors. However, judicious choice of gas supplier is key to ensuring the pipeline produces the maximum potential benefits.
Published By Datamonitor
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25 Aug 2005 |
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Expert View
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The newly-formed LNG joint venture between Spain's Gas Natural and Repsol is an assiduous development for both companies, as well as for the Spanish gas market as a whole. The two companies will benefit from furthering their international aims, while Spain will benefit from a greater diversity of LNG supply.
Published By Datamonitor
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06 Sep 2005 |
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Expert View
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The proposed pipeline link between Italy and Greece is set to receive formal ratification in the next few weeks. The construction of the pipeline will bring positive developments to the gas industries in both countries, though further highlights how Europe is becoming increasingly dependent on gas supplies from outside the EU.
Published By Datamonitor
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20 Sep 2005 |
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