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Gas Storage Extracting Commercial Value from Gas Storage in a Security of Supply World

by WebMaster
March 16, 2012
in Business, Press Release
0

/EINPresswire.com/ As Europe becomes increasingly dependent on imports for its gas supply, storage will play an ever greater role in providing both short term supply security and flexibility to meet demand variations.

SMi Group’s 6th annual Gas Storage conference 25th – 26th June Copthorne Tara Hotel, London, United Kingdom, will bring together a panel of industry experts to tackle the challenges of regulation, flexibility and security of supply to provide you with an in-depth understanding of the latest developments and technologies in gas storage solutions.

*LONDON (Reuters) – Britain’s largest gas supplier, Centrica, received the go-ahead from the competition watchdog on Monday ( March 5) to start using more capacity at its huge subsea Rough gas storage facility in the North Sea.

The utility can with immediate effect use up to 25 percent of its own capacity at Britain’s largest gas storage facility, up from 15 percent previously allowed.

The gas supplier submitted a request in April 2010 to the Office of Fair Trading (OFT) to suspend operational restrictions at Rough on the grounds that market conditions had changed since it purchased the site in 2003.

Centrica argued that more sources of flexible gas, notably liquefied natural gas (LNG), had become available to the market and that the introduction of the EU’s Third Internal Energy Market Package – new rules focused on increasing competition – would replace many of the laws set out for Rough.

Attend Gas Storage and hear from a line up of industry experts including:

Daniel Urban, Manager, Regulatory Affairs & Communications, RWE Gas Storage
Selling Storage Capacity in a Shifting Market: Challenges and Opportunities

Jo Vizor, Managing Director, E.ON Gas Storage UK
Delivering the gas flexibility Britain needs

Keith MacLean
Policy and Research, Director SSE
– Policy initiatives for Gas Storage

Grayson Nash, Executive Chairman, Independent Resources plc & Simone Pietro Ferrari, Gas Business Development Manager, ERG S.p.A
Rivara underground gas storage facility

Francisco De la Flor, Director of Regulation, Enagas
LNG Supply Disruption

Keith Budinger, Chief Executive, Halite Energy
The contribution of fast-cycle gas storage to UK energy security

Senior Representatie, NAFTA a.s.
Expansion of Slovak UGS supporting Central European trading markets

Plus, don’t miss the interactive post conference workshop:
Gas Portfolio Management
27th June 2012, Copthorne Tara Hotel, London

To register for Gas Storage:

Visit http://www.smi-online.co.uk/2012gasstorage28.asp
Telephone Andrew Gibbons on: +44 (0)20 7827 6156
Email: agibbons@smi-online.co.uk

Promotional Opportunities
SMi Group offers excellent opportunities to profile your company through tailored sponsorship and branding packages.

For details contact Jules Omura on Tel +44 (0) 20 7827 6018 or email: jomura@smi-online.co.uk

*http://news.yahoo.com/centrica-cleared-more-own-uk-gas-storage-131021130.html

WebMaster

WebMaster

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