Is Britain set for gas bill CRISIS after Putin puts military on WAR FOOTING over Ukraine?

We may have no choice in the shorter term or pay the price for imported gas.

I cant see alternative energy sources kicking in too quickly. We aren't ready for it yet. Shale gas will plug the gap. Importing gas isn't a good idea as it is a drain on the countries balance of payments.

What do you make of this Andrew? There is some conflict of information on whether or not Russia supplies the UK with gas. Different newspaper this time.

"But it is in gas supply where Russia holds all the cards. The US Energy Information Administration says Moscow dominates Europe’s gas supply market, shipping 76pc of its exports of the heating fuel to the region last year. The UK, Germany, Italy and France were the main recipients of that gas.

In 2009, the last time Russia locked horns with Ukraine and disrupted gas piped to Europe, UK prices jumped by 17pc in just two weeks. Although stockpiles are now higher, the impact of Russia turning off the gas would still result in electricity prices rising overnight."

http://www.telegraph.co.uk/finance/...dbasket-Ukraine-threatens-UK-food-prices.html

If you refer to your map, you will see two pipelines that are not from Norway and / or the UK Continental Shelf - one import pipeline from Holland and an import/export pipeline to Belgium.

These are the pipelines through which Russian gas can flow into Britain; i.e. we don't import Russian gas as such but we can import Russian gas along with Dutch gas through the Dutch pipeline and we can import Russian gas through the Belgian pipeline. We don't import by sea from Russia.

So the asnwer is "Russia can supply the UK with some gas, but in practice the effect on the UK would be at second hand because Continental Europe, apart from Denmark and Holland which have their own North Sea gas fields,and Italy which imports from Libya, relies on Russia and if Russia shut off supplies France and Germany would be forced onto the open market, pushing up prices.

Indeed. As we are all drinking from the same cup.

Yes. Cos we cant fill up on refugees. And "cooking on refugees" doesnt have the same ring about it.

Having a quick chat with our resident immigrant from Turkmenistan this morning, there is another side to all of this. The Russian side. Quite interesting hearing her perspective.

And, something I didnt know is that Turkmenistan holds the worlds 4 th largest reserves of natural gas. But that is digressing a little.

Iran tops the list.

http://en.wikipedia.org/wiki/List_of_countries_by_natural_gas_proven_reserves

European Gas Prices Surge as Ukraine Crisis Threatens Supply

Natural gas prices from the U.K. to Germany jumped amid escalating tension in Ukraine, the main transit route of the fuel from Russia to consumers in the west.

U.K. gas for next-month delivery climbed as much as 10 percent, the biggest gain since September 2011, on the ICE Futures Europeexchange in London. Dutch gas for April increased as much as 10 percent while the German NetConnect contract rose 8.1 percent, according to broker data compiled by Bloomberg.

http://www.bloomberg.com/news/2014-...gain-since-oct-2011-amid-ukraine-tension.html

Putin warns Europe of gas shortages over Ukraine debts

http://www.bbc.co.uk/news/world-europe-26975204

"Centrica plc, the parent company of British Gas, has signed a supply contract for gas from Gazprom Marketing & Trading to deliver 2.4 BCM (billion cubic meters) of natural gas.

The deal, which will be delivered over a three year period, starts in 2014 and will be delivered at NBP. "



http://www.centrica.com/index.asp?pageid=1041&newsid=2572

UK energy cap early predictions for Jan 2023. 6,000 Gbp I just read.
Thats what I would call a winter of discontent.

watch it all change again as soon as theres a new prime minister

Some great historic members names on here!

2 years ago--i was paying £59 a month for gas and electric to Utility point,...i was overpaid--so then they upped my DD to £69 a month.

One year ago--i was still paying £69 a month--and was over £200 overpaid.
Then U-point went bust.

Over the last 12 months, my annual total usage -AT TODAYS prices has been £1500.

By this time next year thats going to look cheap.

Bring back Arthur Scargill

Very wise and prophetic words from post 49093 in 2014.

LONDON, Oct 29 (Reuters) - Russia's defence ministry said on Saturday that British navy personnel blew up the Nord Stream gas pipelines last month, a claim that London said was false and designed to distract from Russian military failures in Ukraine.

Russia did not give evidence for its claim that a leading NATO member had sabotaged critical Russian infrastructure amid the worst crisis in relations between the West and Russia since the depths of the Cold War.

https://www.reuters.com/world/europ...blew-up-nord-stream-gas-pipelines-2022-10-29/