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Page added on March 15, 2018
UK ‘looking to other countries’ for natural gas supply amid Russia spy row
UK Prime Minister Theresa May said Wednesday the UK was “looking to other countries” for gas supply due to deteriorating relations with Russia triggered by the poisoning of ex-spy Sergei Skripal in the UK.
- UK planning series of measures against Russia
- Russian gas not a big source of UK supply
- No UK gas price reaction, traders not concerned
May was asked in the UK Parliament Wednesday by Conservative lawmaker Stephen Crabb whether she agreed that the UK “should not provide a market for Russian gas.
She said: “Can I reassure [you] that when we are looking at our gas supplies, we are looking to other countries.”
Crabb also suggested that if the UK needed additional LNG imports it should instead look to “allies such as Qatar, Malaysia and Australia who are more than willing to sell it to us.” The UK is less dependent than much of Europe on direct Russian gas supplies, but it does buy gas from Gazprom Export and Gazprom’s UK-based trading arm Gazprom Marketing & Trading.
For instance, UK utility Centrica has a long-term contract with GMT for the supply of an average of 4.2 Bcm a year of gas.
One cargo of LNG from the newly operational Yamal LNG facility in northern Russia has also been delivered into the UK grid since the plant started up in December, with one other re-exported to the US.
A third cargo from Yamal LNG landed at the Isle of Grain LNG import terminal on Tuesday and offloaded its cargo, though it is unclear whether the gas will enter the UK grid or be re-exported to a different destination.
May’s comments come after the government earlier Wednesday said it would introduce a series of measures against Russia over the Skripal poisoning, including expelling 23 diplomats and freezing Russian state assets “wherever we have the evidence that they may be used to threaten the life or property of UK nationals or residents.”
GAS TRADER REACTION
The UK day-ahead contract ticked down on Wednesday, trading at 60 p/th, as UK gas traders shrugged off May’s comments.
A trader said that May’s comments looked “very vague” and that there was “nothing she could do in reality.”
Another trader said: “Until we see gas switched off, I think nothing much is going to happen.”
The increased rhetoric around Russian gas supplies to the UK has also prompted a response from the UK GMB labor union, which said the UK should invest more in its own energy sector so it would not be reliant on foreign suppliers.
“We need a serious strategy and investment in UK energy to make sure we can stand on our own two feet,” it said. “We cannot and should not be beholden to foreign powers who could turn the tap off.”
59 Comments on "UK ‘looking to other countries’ for natural gas supply amid Russia spy row"
GregT on Sat, 17th Mar 2018 4:26 am
“Are you preaching to me?”
Here we go again……
Davy, you are in dire need of psychological intervention. It’s in all likelihood too late already, but for the love of God, please get some help.
Davy on Sat, 17th Mar 2018 4:37 am
“Here we go again……”
greggie, why not take antius advice and quit your pricking at least with me. I don’t like you. You don’t like me. For the betterment of the forum just avoid me I avoid you. You have plenty of other people to prick.
GregT on Sat, 17th Mar 2018 4:47 am
“greggie, why not take antius advice and quit your pricking at least with me. I don’t like you. You don’t like me.”
More delusions. Antius was speaking to all of us Davy, and I don’t necessarily dislike you, I feel sorry for you.
You’re more to be pitied than laughed at buddy. You have serious emotional and psychological issues Davy.
Davy on Sat, 17th Mar 2018 5:00 am
“More delusions. Antius was speaking to all of us Davy, and I don’t necessarily dislike you, I feel sorry for you.”
Here we go again…..
Right greggie so make an effort to improve the forum and not satisfy your selfishness. Maybe get some sleep greggie, you have been up all night.
I dislike you. I don’t care about you enough to feel sorry for you. I will answer your pricking with disrespect. That is a promise. If you do stop your pricking then I stop the disrespect quid pro quo. It is as easy or hard as you like it to be but think about others here who would like to say something.
GregT on Sat, 17th Mar 2018 5:06 am
“I dislike you. I don’t care about you enough to feel sorry for you. I will answer your pricking with disrespect. That is a promise. If you do stop your pricking then I stop the disrespect quid pro quo. It is as easy or hard as you like it to be but think about others here who would like to say something.”
You stop fucking with everybody here, I stop fucking with you. If you choose to keep playing your little games, I’ll keep upping the anti, retard boy.
Davy on Sat, 17th Mar 2018 5:16 am
‘You stop fucking with everybody here, I stop fucking with you. If you choose to keep playing your little games, I’ll keep upping the anti, retard boy.”
Here we go again….no wonder you are in therapy. Get some sleep and maybe you will reason better with less tender emotions.
joe on Sun, 18th Mar 2018 12:56 pm
“Antius on Fri, 16th Mar 2018 10:22 am
In Britain, even the façade of democracy is disappearing”
Antius, are you suprised? I don’t know if anyone told but the UK is a monarchy. The proper noun for a person born in the UK is ‘subject’ not citizen.
Can’t people see the truth of Brexit? If the UK continues in the EU for another 20 years it will become a republic. The EU is pseudo-neo-socialist republic in a proto-state condition which will probobly get a constitution in the next 2-3 years or less. Before that happens all nations must harmonise their legal systems, for example gay marriage and abortion laws are being changed in peripheral EU countries like Ireland to be like Germanys (more or less). The point about Brexit is that a true Royal cannot pledge loyalty and give sovereignty to a Republic, its that simple, thus Brexit.
Cloggie on Sun, 18th Mar 2018 1:34 pm
I don’t know if anyone told but the UK is a monarchy.
The queen has nothing to do with Brexit.
Brexit is the expression of the UK as an island nation with 500 years of anti-continental balance of power policies.
Brexit is the expression of British preference of the Anglo world being on top. And if Britain can’t be on top, like in the 19th century, than America is the second choice and the UK wants to be part of Anglosphere, not continental Europe, although it is a very close call. If today a 2nd referendum would be held, it could very well be it would 52-48 in favor of remain.
In Britain, even the façade of democracy is disappearing”
As I write this post I am looking to this video of “Tommy Robinson” visiting Poland (still 100% white and very rightwing):
https://www.youtube.com/watch?v=_ToSkIsd2ac
I am afraid the British in the video are painting a scary but realistic picture of Britain today: totally left-wing, almost Orwellian.
And don’t for a minute think that Brexit will turn things for the better, it won’t. The real right-wing potential in Europe is currently in Eastern Europe, Italy, Austria, France and increasingly Germany and of course Russia and Ukraine.
And although I have great personal sympathy for people like Antius and TheNationalist, deep in my heart I am glad we got rid of the British (US watchdog) on the cheap, enabling us to turn to the right in continental Europe.
UK+AUS/CAN/NZ are not interesting for white survival. America is. We in continental Europe should hope for an insurrection there and if that happens, come to their aid and split them off. Then the sorry remnants of the British empire automatically fall in place then and will grudgingly follow (T)rump-America.
joe on Mon, 19th Mar 2018 7:51 am
Cloggie been smoking too much legal ganga in the cafe in Amsterdam again?