Donna D

💯

By the way if you’re on LinkedIn follow Anne-Sophie Corbeau. Her analysis is good and data backed. I was on a panel with her years ago. Solid person.

Good morning to you both, and Happy Arrival Day @catsinfrance.bsky.social

Yes of course. So Europe is entering shoulder months where prices or normally softer. The question is: Norway and refilling storage. And if stock levels are super low creating price flattening.

Sorry have been super busy in my day job.

La sagesse de Calvin… 🖤

Korthals Griffon (wirehaired pointing griffon)

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Bonus ‘fierce’ baby *RAWR* photo of the puppy defending the orange heartbeat bear.

Meanwhile father has gone for a boulevardier.

I am not a U.K. market expert so have trouble answering your question off the top of my head. Let me do a bit of thinking on your question.

It is true that overall prices have risen and it is a situation where spot prices will be set the attractive LNG, meaning direct competition with Asia where there is no alternative to LNG in many markets (Korea, Japan).

Keep in mind: LNG is not a large part of UK energy mix.

Norway is important.

I know, right?!

e) therefore a policy of disincentives to investment (windfall tax, no new exploration rounds, etc) for environmental reasons, with an LNG import policy, does not really make sense. Nor from an industrial strategy or energy security perspective.

My quick thoughts.

c) natural gas is mainly used in power sector so with renewables growth it is needed less in general but used for balancing and when renewables not available

d) from a greenhouse gas perspective the intensity of LNG is about 30 kgCO2e/bbl - pipe gas (north field) would I guess be 10-15 kgCO2e/bbl

Ok

a) the U.K. is not reliant on Qatari LNG. In 2024 (last full year report I’m looking at) the U.K. only imported 8 MTPA of LNG of which 5.1 MTPA is from the US and 0.6 MTPA from Qatar

b) the U.K. has 35.5 MTPA receiving capacity for LNG

c) (cont)

Source: GIIGNL.org

He’s a little rascal. But at 9 weeks old it’s normal to be a rascal 😊

Wintry tree pond reflection in the Bois de Boulogne

That is not an answer to the question of gas storage.

You and @mliebreich.bsky.social have a common viewpoint !

Greenhouse Gas

What the UK did was hamstring domestic production decisions through idealistic implementation of net zero instead choosing to import LNG… which if you pursue GHG focused policies domestic production beats LNG every time (simple process maths)…

So weird. It’s very straightforward to get in Paris. But I go to gyn not MT for it.

In France?

Beautiful! Which region?

Oui. Sur la presqu’île il n’y a pas beaucoup des artisans. Que 2 maçonneries par exemple.

Baloo Bear 8 weeks old Wirehaired Pointing Griffon Also known as a weenie spitfire.

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It was a battle of the wills.

Eventually he retreated to his bear cave.

And collapsed into a deep slumber.

For the next hour or so. I hope.

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Le puppy, c’est moi

Wirehaired pointing griffon

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Lawd he too cute…

What I think when I see this photo: if government is of, for and by the people, these are not my people.

This is wonderful and just brightened my timeline, just a small fraction of the immense joy you radiate! Congratulations!

Right now I’m working from home, and he’s all cuddled up with his stuffed toys sleeping. It’s really adorable.