Tuesday, November 5, 2024

Gas Storage Facility News

Grid operator: Dutch gas reserves must be 90% full before 25/26 winter.

The Netherlands must have its gas storages at 90% capacity by the beginning of winter 2025/2026 to avoid shortages in the event of a severe cold snap, Dutch national grid operator GTS announced on Monday. Why is it important?

Austrian election puts Russian gas habits and a sputtering economic in focus

After the general elections on Sunday, the government in Austria that comes to power will be under increasing pressure to diversify their energy supply and move away from dependence upon Russian gas. This…

Enbridge to Buy US Gulf Coast Gas Storage Facility

© TOimages / Adobe Stock

Canadian pipeline operator Enbridge Inc said on Wednesday it would buy a gas storage facility in the U.S.

Russian President Commissions Kaliningrad LNG Terminal

Russian President Vladimir Putin inaugurated a liquefied natural gas (LNG) import terminal that will serve as a back-up gas supply solution for the Russian enclave of Kaliningrad on the Baltic Sea. The facility…

Low Returns Put Lid on New British Gas Storage

Investment in new, large gas storage sites in Britain which can help provide a buffer in times of high demand and reduced supply is seen by operators as unlikely due to market prices offering low returns.This is due to weak gas price spreads…

Spanish Court Annuls $1.6B Compensation

Spain's constitutional court has annulled 1.4 billion euros ($1.66 billion) of compensation granted to the owners of the Castor underwater gas storage facility, an affiliate of Spanish builder ACS. Meant to…

Georgia to Build Natural Gas Storage, Coal-fired Power Plant

Photo: GOGC

Georgia plans to build its first underground natural gas storage facility and construct a coal-fired power plant as part of moves to develop its energy sector. Georgia's state Oil and Gas Corporation (GOGC)…

Castor Gas Storage Site Will Not Reopen after Quakes

Spain will not reopen the Castor underwater gas storage facility which was shut in 2014 following minor earthquakes in the area, after a study showed tremors could return if it resumed operations, the government said on Wednesday.

Partial Shutdown at North Sea Platform, Storage Outage Drive Up Prices

The Elgin Platform (Photo: © Total E&P UK)

British wholesale gas prices rose on Monday as a partial shutdown of the Elgin-Franklin platform in the North Sea and an extended outage at a gas storage facility tightened supplies, traders said. The day…

SoCalGas Completes Aliso Canyon Well Tests

Southern California Gas said Wednesday it completed safety review tests at all wells at the Aliso Canyon natural gas storage facility in the Los Angeles area, which shut in October 2015 following a massive methane leak.

U.S. Task Force: 44 Recommendations to cut NatGas Leaks

A U.S. interagency task force on Tuesday issued recommendations aimed at reducing the risk of incidents involving natural gas facilities in the wake of a major leak from the Aliso Canyon storage facility in California last year.

SoCalGas Completes more California Aliso Canyon Well Tests

More wells passed safety inspections at the Aliso Canyon natural gas storage facility in Los Angeles, Southern California Gas Co said on Monday, but the company has more work to do before it can inject gas…

California Power Grid Tested as Heat Soars

California's power grid operator extended its call for consumers to conserve electricity into Thursday as a heat wave continued to bake the state, especially the inland cities. Electricity supplies statewide…

PG&E California Natgas storage Facility Shut due to Leaks

Northern California power and gas company Pacific Gas & Electric (PG&E) said on Friday its McDonald Island gas storage facility in San Joaquin County remained out of service after the company detected small methane leaks from some of its wells in June.

Fire Near Yemeni Oil Facility Kills Worker

A fire that broke out at a domestic gas storage facility in Yemen's Marib province on Thursday killed a worker and seriously injured four others, according to state media and a local official. Firefighters…

Gazprom Export opens gas storage facility in Czech Republic

Gazprom Export, a division of Russia's top natural gas producer Gazprom, said that its underground gas storage facility in the Czech Republic started operating on Friday. The storage facility, to be operated by Moravia Gas Storage…

Britain May Face Winter with Record Low Gas Stocks

The shutdown of Britain's largest gas storage facility for 42-days sent wholesale gas prices surging on Wednesday on the possibility the country could head into winter with record low inventories. In an already…

SoCalGas to Be Arraigned over LA Area Methane Leak

Southern California Gas Co is to be arraigned on criminal charges on Wednesday over a huge methane leak near Los Angeles that forced thousands of residents from their homes, officials said. SoCalGas, a division of San Diego-based Sempra Energy…

LCK, APA Signs HoA for Gas Pipeline Connection

 Reviewing other infrastructure opportunities including power generation. Leigh Creek Energy Limited (“LCK”) signed a non-binding Heads of Agreement (“HOA”) with APT Pipelines Limited, a subsidiary of APA Group (“APA”…

Unplanned Outage Hits UK's Biggest Gas Storage Facility

Britain's biggest underground gas storage facility, Rough, experienced an unplanned outage on Friday, operator Centrica said. The outage began at 1428 GMT but Centrica could not say when it would be resolved, according to a market note.