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fortunately i work in construction building services, we have designed low pressure gas networks, but the same principle applies...
the gas booster that is to boost the natural gas pressure to NG requirements is selected to overcome the Total pressure drop across the length pipe, that consists of pressure drop per metre based on pipe size , bends, tees and pipework components such as valves/gas meters etc.
because the new pipe connection size is different to the existing is a non issue as the gas booster will take cake off the additional pressure drop created.
come on George Drop the Balcombe application submitted....
That is always the case, given that a "buy" or a "sell" is determined by its position vis-a-vis the mid-point of the spread.
Trades coming through are not displayed correctly. Some of those trades displayed are buys and are currently showing as sells.
Newangus, If the pipe is to run at 70 bar it will be ok from a flow perspective see my 22.22 post- so I don't think the company have got it wrong on the basis of that pressure.
gkb , 70 bar of pressure makes all the difference - it will result in an acceptable velocity and a pressure drop of only 0.5 bar , which will also be fine when flows are 11,700 m3/hr as per the pcr.
Gkb, i realise my reply may appear unhelpful , so herewith some further basic calcs;
assuming 11,700m3/hr of gas in a 100mm pipe if the pressure is 3 bar the velocity will be 100m per sec [224 mph] and at 70 bar it will be 6m per sec, which would be ok. Clearly proper calcs need the correct data.Hope that helps.
Gkb, 2 key things to check, will pressure drop be OK and is velocity ok. The length of pipe and source pressure will determine pressure at the connection point for a given flow. Clearly for the gas to flow 'to' the national grid connection there needs to be a higher pressure at the source. I have no data on the 'pressures' [is there a profile] or pipe length to do the calcs unfortunately .
It maybe very likely this agreement is a condition of the offtake contract - imminent territory if as per today’s RNS they are on project schedule.
Gkb, I agree with your post.
Rastuss, I have no knowledge of the scope of work within the agreement but I read it as a 'network connection' not a pipeline plus network connection.In any event they may not have started work and ultimately their prime interest is the integrity of their network.As i previously mentioned , the pressure of the gas will affect its velocity and again i have no detail of that but the velocity will be huge in a 100mm pipe at or near atmospheric but might be OK at 70 bar - I would need the precise parameters to check. I responded to a post last night and at first glance I think this needs checking out.I hope this helps.
Think the RNS wording is clear:
Angus Energy Weald Basin No.3 Ltd, the Company's wholly owned subsidiary, has entered into a Gas Construction Agreement with National Grid regarding the works to be carried out on their property. Under this agreement, the National Grid has agreed to carry out the works required for the design and construction of National Grid Facilities at Theddlethorpe. Long lead items have been ordered and construction remains in line with our project schedule.
I think some people may be reading too much into the national grid connection announcement because in simple terms they need one agreement for the mechanical connection and another for the commercial arrangements for the gas flow. National grid will not imv check the cpr numbers - they will expect this company to come forward with the right numbers. They will not check that the pipe is the correct diameter for the flows intended but they will check that the connection to their network is fit for purpose and in no way compromises the integrity of their network. Upstream of that connection point is angs' responsibility or whoever adopts that piework.Hope this helps.
‘Don’t have competence’ lol... so what you expecting them to do ? Try and do it themselves well knowing they don’t have competence!
If you don’t have competence and experience in these areas then isn’t it commendable to get the get best people in the business to do it?
Based on your idea, if they try to do it themselves, then risk is they make the job worse, don’t complete on time, ending up hiring experts (like NG) then to bail them out - paying hugh fees, project delayed and then I’m sure you’ll be first on here to bash the bod!
I find it is better to believe the actions of the companies themselves and partners such as National Grid rather than the overbearing opinions of rampers and derampers on bulletin boards.
I was trying to explain on Sunday on the Boohoo board that just because many posters didn't want the price to go down and were making up a myriad of reasons that the Sunday Times story did not happen then they only people they were fooling were themselves. Regardless of what they said on the board and regardless of what they wanted to happen the price was still going down.
I was slaughtered by them as a deramper and a shorter (which I was, but I told them that was what I was going to do on Sunday) very unsurprisingly (not) I was proved right. I made an absolute killing on Bohoo on the way down while those who had been attacking me watched their portfolios decline.
After three days when the rout had played out then I went long again a 210p and when all the rampers were rejoicing that they had a 25% return from the lows so was I – except I had made money on the way down too.
The point is that you have to be completely dispassionate with a share and change your opinions when circumstance change. When Angus are now announcing that the National Grid are busy reconnecting Saltfleetby to the grid it doesn’t matter what a load of pseudo-expert derampers say about it.
The reason Saltfleetby was available so cheaply is because it was not connected to the grid. Once it is it will be worth multiples of where the Angus share price is today. It doesn't matter what the derampers say here , just as it did not matter what the rampers said at Bohoo.
News moves shares. Simple really, and the first step has just been announced.
Lol where are the derampers now?
Definitely buy signal now
Tomorrow will be a fun day