UK medium-range stocks rise in high-demand week
UK stocks in medium-range storage increased in the week to 30 December, as shippers relied more heavily on long-range storage to make up the flexible supply mix.
Total UK stocks had fallen to 3.75 billion cubic metres (Gm³) by 30 December, down 1.3% week on week. Total facilities are now at 82.7% fullness.
Stocks in medium-range storage rose by 7% week on week, measuring 0.71Gm³ at the start of the gas day on 30 December.
Some withdrawals were made from the Aldbrough site over the week, with the heaviest being on 23 December, after which they slowed down.
Gas was also withdrawn from the Hornsea site. The largest withdrawals took place on 22 December, when 5.3 million cubic metres (Mm³) was delivered to the system from Hornsea.
In contrast, withdrawals from the Rough long-range storage site led to a 3.3% fall in stocks at the facility. Total gas in store at the offshore facility now measures 2.96Gm³, compared with 3.06Gm³ a week earlier.
Withdrawals from the site were heavy, with deliveries averaging 17Mm³/day. Most of this gas was withdrawn at the start of the week, on the 22, when Rough delivered 40.7Mm³/day to the system.
Stocks in short-range storage were unchanged at 116.40Mm³, despite some withdrawals - most notably on 22 December, when the system struggled to balance. SL
Other Related Stories
