Infrastrata Share Chat (INFA)

http://euanmearns.com/the-beast-from-the-east-coal-gas-and-the-uk ....... Posted June 18, 2018 by Roger Andrews ........... Key points ............................................. In late Feb 2018 high pressure over the North Atlantic and low pressure over the Mediterranean combined to generate a strong easterly airflow that brought Siberian temps to Western Europe, increasing heating demand to the point where there was a shortage of natural gas. The outcome was an increase in UK coal generation, partly because coal briefly became cheaper than gas as a source of electricity generation but mostly because the UK did not have enough gas in storage to fill both home heating and electricity generation needs. The UK, however, plans to shut down all its coal plants by 2025, and in this post I speculate as to what might have happened if they had all been shut down in 2018. The conclusion is that the UK would not have been able to cover peak load deficits during much of the cold period owing to inadequate gas supplies and installed gas capacity. It’s fortunate for the UK that the wind blew strongly during the cold periods around March 1 and 17. This, however, is unusual – cold winter nights in Europe are more commonly associated with high pressure systems parked over the continent that result in no significant wind generation anywhere. Gas generation actually declined during and around the March 1 and 17 cold periods. The reason for this was that the UK had as little as 5 days of gas supply in storage during March 2018, down from the 10-35 days of storage it had before the Rough facility was decommissioned. The decline in UK gas storage since then is illustrated by Figure 4 below, which reproduces one of the Figures from the Drax quarterly report. ......... https://s22.postimg.cc/ux3ujls8x/Untitled.png ...... If the extra coal output had been met by gas, it would have consumed around an extra 6 TWh of fuel – more than was available in storage by the end of March. The question now becomes, what would have happened if the UK had no coal plants? According to Drax either the lights, the heat or maybe both would have gone out because there wasn’t enough gas to go round: ...... Drax’s claim that 12-19GW of spare gas capacity was available is, however, questionable. Gas generated up to 21 GW on March 27 at the beginning of the cold snap and according to Drax there was only 27.8 GW of installed gas capacity, so the amount of spare gas capacity available at that time would have been less than 7 GW, not 12-19 GW – Without coal it would probably have been necessary to pay large industrial consumers to shut down during these deficit periods to keep the lights on. While UK govt policy fixates on electricity, gas for domestic heating is a far larger source of UK energy demand in the winter. .................... https://s22.postimg.cc/nmovktzb5/Untitled.png

https://www.dnvgl.com/news/industry-investment-gears-to-gas-as-nearly-half-of-senior-oil-and-gas-professionals-actively-prepare-for-the-energy-transition-124495 .................................................. Oslo, Norway, 26 June 2018: Nearly two-thirds (64%) of oil and gas sector leaders expect to increase or sustain spending on gas projects in 2018, as the sector prepares for gas to overtake oil as the world’s primary energy source in the mid-2030s. Published: 26 June 2018 Author: Neil James Slater Keywords: Oil & Gas Contact: Neil James SlaterHead of Media Relations and Events, DNV GL - Oil & Gas ............................. Confidence in the case for gas is growing, according to a survey by DNV GL, the technical advisor to the industry. The vast majority (86%) of the 813 senior industry professionals surveyed agree that gas - the least carbon-intensive fossil fuel - will play an increasingly important role in the global energy mix over the next decade, up from 77% last year. The stage is set for gas to become the largest single source of energy. Demand for it will peak in the mid-2030s, well after the use of each of the other fossil fuels has gone into long-term decline, according to DNV GL’s 2017 Energy Transition Outlook, an independent forecast of the global energy mix in the lead-up to the mid-century. The model predicts the industry’s intentions for increasing gas investments will accelerate in the early-2020s as major oil companies decarbonize their business portfolios.

https://t.co/iLdcjX2p9A?amp=1 .............................. Finance & Markets, Top Stories IEA: China to drive global gas demand growth The nation is forecast to be the largest natural gas importer by 2019. The Chinese Government’s push for cleaner air will drive the global increase in gas demand. That’s according to a new report from the International Energy Agency (IEA), which suggests the world’s demand for the fuel source will grow at an average rte of 1.6%, reaching just above 4,100 billion cubic meters (bcm) in 2023 – up from 3,740 last year. Chinese gas demand is forecast to grow by 60% between 2017 and 2023, underpinned by policies aimed at reducing air pollution by switching from coal to gas.

Yep guy I'm in contact with on Twitter

Anyone we know Spud??

This weather must by good for grass growing on that field in Islandmagee? Will INFA get two cuts off it this year to boost income?

https://www.**********.co.uk/rns/announcement/ca1f01d0-53fc-456c-bd14-de9f091d6a8c/ .........Holdings RNS out for Mr Stephen Paul Jones taking 3.02%.....another vote of confidence for Infa :)

TR1 nice

Snowman - certainly could be significant considering the huge investment being made in infrastructure in the UK - could be interesting we'll just have to wait and see!

https://www.share-talk.com/share-news/gas-to-lead-power-mix-as-coal-is-phased-out-2/amp ......... The role of gas in the UK’s future power mix is set to rise to more than 50 per cent in under 10 years, according to BMI Research of ratings agency Fitch Group. In its industry trend analysis this week on the outlook for the sector, BMI said gas-fired generation would account for 52 per cent of power by 2027, up from last year’s figure of 45 per cent. The prediction is based on delays to new nuclear capacity, the closure of ageing coal plants and a rebound in gas power plant economics.

https://uk.reuters.com/article/uk-britain-uk-gas/qatar-sees-brexit-as-chance-to-supply-uk-more-gas-minister-idUKKBN16Z14E

Excellent spot Mccadder! ..... Bodes very well...... prompted me to sniff about online and I found this upbeat report on historic BBC News website.

‘The UK is Qatar's single largest investment destination, with £35bn in place and another £5bn on its way in the next five years………The next batch of £5bn is headed for sectors ranging from infrastructure and energy to IT……..Both here and in the US, the investments will be largely channelled through the Qatar Investment Authority (QIA) the country's sovereign wealth fund, that has a global portfolio worth about $335bn…..And it all comes from gas…….Qatar's oil output is relatively modest.’ By Jamie RobertsonBusiness reporter, BBC News 9 June 2017.

Hopefully part of that huge investment is going to hit us soon (or has already started today....maybe a vast buy order is in now, I don't think they pussyfoot around).

If this is the case, the price may go into orbit in short order.....I don't think a raising buy price would worry that sort of client!

Looking good Accumulation been going on today

Yep and another 4.6M pops up after market close - that's 4,660,981 at 15:58 and now another 4,660,981 at 15:57 ...... near as damn it 40K worth great stuff!!

Going on today by the looks of it!

http://www.share-talk.com/share-news/gas-to-lead-power-mix-as-coal-is-phased-out-2/amp/?utm_source=twitter&utm_medium=social&utm_campaign=SocialWarfare&__twitter_impression=true

http://m.gulf-times.com/story/597236/Qatar-believes-in-future-and-viability-of-oil-and- ............... Al-Sada said Qatar believes in the viability and future of oil and gas projects and has therefore, under the wise guidance and directives of His Highness the Amir, Sheikh Tamim bin Hamad al-Thani, expanded its investments in the sector.

https://www.oilandgas360.com/eia-power-plant-builds-for-2017-gas-plants-still-lead-new-generation/#utm_source=rss&utm_medium=rss&utm_campaign=eia-power-plant-builds-for-2017-gas-plants-still-lead-new-generation

https://www.wsp.com/en-GB/projects#t=local-content-origin-tab-uid&sort=%40ftitle95736%20ascending

Oxford Institute for energy - It is generally accepted that gas storage is one of the most effective means of providing flexibility through increasing supply to meet higher demand both in the form of short terms peaks or over a longer period of time – ie seasonally. However, gas storage can also provide other functions: • Balancing needs and system optimisation - Transmission systems may use storage located in key points to facilitate balancing and/or reduce the need for pipeline capacity. This enables the system to work more effectively by increasing the transmission load factor. • Storage placed at key interconnections can support market developments such as wheeling, parking and loaning. 11 • Security of supply/strategic storage – to ensure supplies of gas are maintained to consumers in the event of a major supply disruption. • Commercial requirements – such as managing take-or-pay contracts and the make-up or carry-forward provisions in these contracts, optimising gas deliveries from production and providing back-up to supply from multiple fields – particularly when force majeure provisions are unlikely to provide sufficient protection. • Exploiting trading opportunities – separate from the direct physical requirements for storage, traders have been able to exploit a range of opportunities for extracting value by trading around a storage asset.

https://www.naturalgasworld.com/ggp-continued-investment-gas-infrastructure-energy-security-62135

"Storage is a pivotal gas infrastructure, as it enables flexibility, security of supply, price, liquidity, and resilience."

https://www.upi.com/Norways-oil-and-gas-production-could-be-declining/5191529573394 .................. By Daniel J. Graeber June 21, 2018 at 5:42 AM.......... key bits.......... Norway needs to see production trends develop in the Barents Sea to keep output steady beyond 2025. June 21 (UPI) -- Beyond 2025, oil and gas production from offshore Norway will need to come from undiscovered resources if the trend line is to remain steady, a report said. Norway is one of the main suppliers of oil and natural gas to the European market, apart from Russia. The forecast, however, finds oil and gas production starts to decline gradually beyond 2025. If production levels are to continue at current rates of around 1.6 million barrels of oil equivalent per day, more production and proven discoveries are necessary. The NPD's report said trends so far show new discoveries are small, and getting production started at those finds can be costly.

Soncer @GVLSoncer · 19 Jun Lots more to come as we progress FEED. ............. From Graham Lyon himself the other day - the great Infa story is only just beginning take the hint!!

https://www.platts.com/latest-news/natural-gas/London/Continental-Europe-seeking-UK-natural-gas-in-26977668 .................................... Continental Europe seeking UK natural gas in July on Asian LNG price rise London (Platts)--21 Jun 2018 851 am EDT/1251 GMT Storage capacity holders in Continental Europe may switch tactics in order to refill reservoirs next month as UK NBP pricing has become much more attractive so far during June compared to LNG pricing, an analysis by S&P Global Platts showed Thursday. Continental European storage capacity holders may be looking towards the UK and Interconnector flows once the bi-directional pipeline comes back from its annual shutdown on June 28. Flows from the UK to Continental Europe through the Interconnector have been two-thirds lower so far during the summer-delivery period when compared to the same time last year. However, the UK-Continental European arbitrage has widened sharply in recent days, potentially allowing for more gas to be flowed from the UK to Belgium and beyond as a result. Injections into storage reservoirs have suffered due to both the weaker LNG regas levels and the Interconnector shutdown -- injections into reservoirs in France, Germany, and the Netherlands combined averaged 186 million cu m/d between June 1-19 after having averaged 203 million cu m/d during May, Platts Analytics data shows.

https://www.gazettelive.co.uk/news/teesside-news/controversial-plan-two-gas-fired-14812297 ................. Company behind proposal says there is 'pressing need' for UK energy generation - and this Teesside site is a 'rare example' of one that will work. controversial plans for two gas-fired power stations near a Stockton village have been blasted by an “angry” Teesside MP. Residents objected to Statera Energy’s power station proposal on grounds of traffic congestion and environment in 2016. But the company came back with an amended battery storage scheme - which was approved. Now it wants to build two gas-powered stations in its place, claiming grid demand for the battery scheme “unexpectedly fell away” - but there’s still a “pressing need” for fast power generation. A spokeswoman for Statera Energy said gas-powered generation is needed because it’s “fast-start” and flexible during periods of high consumer demand, unlike renewables.