{"id":7742,"date":"2019-07-18T05:03:53","date_gmt":"2019-07-18T05:03:53","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=7742"},"modified":"2019-07-18T05:04:40","modified_gmt":"2019-07-18T05:04:40","slug":"how-could-no-deal-affect-the-uk-gas-industry","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/how-could-no-deal-affect-the-uk-gas-industry\/","title":{"rendered":"How could \u2018No Deal\u2019 affect the UK gas industry?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">There\nis still lots of uncertainty regarding the issue of the United Kingdom leaving\nthe European Union i.e. Brexit.&nbsp; Here,\nFlogas UK, who provide <a href=\"https:\/\/www.flogas.co.uk\/business\">gas for business<\/a>\nuse, look at how the possibility of a \u2018No Deal\u2019 could impact on the UK gas\nindustry.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The status quo \u2026<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There are two main areas to consider when we look at the\npotential implications for Brexit: the current and future state of the UK\u2019s gas\nsupply, and the laws and regulations governing how we source and use our energy.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Gas supply:<\/strong> As it\nstands, the UK produces just under half (44%) of the gas it uses. The rest is\nimported.<a href=\"#_ftn1\">[1]<\/a> The UK\ncurrently has direct gas pipelines (or gas interconnectors) with three EU\nstates: Ireland, the Netherlands and Belgium.<\/li><li><strong>Energy law:<\/strong> As an EU\nmember state, the UK is currently subject to EU energy laws. These provide a\nEurope-wide framework around energy security and supply, as well as energy\nefficiency and safety \u2013 and there will be a change in the legislation applying\nto the UK if we do see a no-deal Brexit.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What might \u2018No Deal\u2019 mean for supply<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The big question around gas supply and Brexit is whether the\nUK will be able to import gas as it does now. Fundamentally, the mechanisms of\ncross-border gas trade aren\u2019t expected to change \u2013 even in the event of a no-deal\nscenario.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is because the UK\u2019s national suppliers or Transmission\nSystem Operators (the National grid in Great Britain and Premier Transmission\nLimited in Northern Ireland) and our European interconnector operators are all\ncurrently trading via the same privately owned platform. It\u2019s called PRISMA. PRISMA\nprovides a range of services for EU and non-EU countries, and the government\nhas reported that both National Grid and Premier Transmission intend to\ncontinue using it.<a href=\"#_ftn2\">[2]<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However,\nin the absence of a deal there will be some implications to the way gas is\ntraded with the EU\u2019s 27 member states. As such, the government is advising\ninterconnectors, code administrators and UK gas market participants to carry\nout contingency planning for a no-deal scenario. More information is available\nin the guidance document: <em><a href=\"https:\/\/www.gov.uk\/government\/publications\/trading-gas-with-the-eu-if-theres-no-brexit-deal\/trading-gas-with-the-eu-if-theres-no-brexit-deal\">Trading\ngas with the EU if there\u2019s no Brexit deal<\/a><\/em>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u2018No Deal\u2019 and energy law<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In\nthe event of a no-deal situation, EU energy law will cease to apply to the UK.\nUK laws relating to energy will still apply (on the 17 December 2018 the\ngovernment published <a href=\"https:\/\/www.gov.uk\/eu-withdrawal-act-2018-statutory-instruments?keywords=&amp;laid_date%5Bfrom%5D=&amp;laid_date%5Bto%5D=&amp;subject%5B%5D=business\">its\nstatutory instruments<\/a> to ensure UK energy laws\ncontinue to work after Brexit).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There\nwill be some changes to licensing and industry codes of practice to ensure\nthey\u2019re still valid. <a href=\"https:\/\/www.ofgem.gov.uk\/\">Ofgem<\/a> \u2013\nthe government regulator for the gas and electricity markets in Great Britain \u2013\npublished guidance on modifications to licenses and industry codes related to\nBrexit on <a href=\"https:\/\/www.ofgem.gov.uk\/system\/files\/docs\/2018\/12\/eu_exit_-_licence_modification_process_open_letter_0.pdf\">6\nDecember 2018<\/a>. In Great Britain, Ofgem is\nresponsible for ensuring the technical rules of the domestic gas market are\nupdated in a no-deal situation. As such, Ofgem will lead the licence change\nprocess in Great Britain (and the Utility Regulator will lead it in Northern\nIreland).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Interconnector\nowners and operators will need to engage with the relevant EU regulators to\nensure approved access rules are in place and to understand any changes to\ncertifications. Support from Ofgem (and the Utility Regulator for Northern\nIreland) will be available for interconnectors during this process.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Keep up to date <\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Whilst\nit\u2019s possible to make predictions based on the information available to date,\nit\u2019s worth noting again that as it stands, the government is planning for all\npossible outcomes. It has confirmed that it will continue to work with\nbusinesses, trade associations and gas market stakeholders on the implications\nof a no-deal Brexit, publishing updates online. For updated information and\nguidance visit: <a href=\"http:\/\/www.gov.uk\/\">www.gov.uk<\/a>.<br><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref1\">[1]<\/a> https:\/\/www.britishgas.co.uk\/the-source\/our-world-of-energy\/energys-grand-journey\/where-does-uk-gas-come-from<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"#_ftnref2\">[2]<\/a> https:\/\/www.gov.uk\/government\/publications\/trading-gas-with-the-eu-if-theres-no-brexit-deal\/trading-gas-with-the-eu-if-theres-no-brexit-deal\n\n\n\n\n\n\n\n\n\nsdlocke<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is still lots of uncertainty regarding the issue of the United Kingdom leaving the European Union i.e. Brexit.&nbsp; Here, Flogas UK, who provide gas for business use, look at &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/how-could-no-deal-affect-the-uk-gas-industry\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":7743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[742],"class_list":["post-7742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-energy","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2019\/07\/Brexit.png?fit=636%2C428&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-20S","jetpack-related-posts":[{"id":12346,"url":"https:\/\/www.oilnewskenya.com\/index.php\/eu-turns-to-egypt-in-the-rush-to-replace-russian-gas\/","url_meta":{"origin":7742,"position":0},"title":"EU Turns to Egypt in the Rush to Replace Russian Gas","author":"","date":"June 17, 2022","format":false,"excerpt":"The European Commission has proposed a deal to accelerate natural gas imports from Egypt in a bid to reduce its reliance on Russian gas. With Egypt ramping up efforts to become a major liquefied natural gas (LNG) player through increased exploration, production and infrastructure build up and modernization, the north\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/EU-Turns-to-Egypt-in-the-Rush-to-Replace-Russian-Gas.png?fit=1011%2C568&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/EU-Turns-to-Egypt-in-the-Rush-to-Replace-Russian-Gas.png?fit=1011%2C568&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/EU-Turns-to-Egypt-in-the-Rush-to-Replace-Russian-Gas.png?fit=1011%2C568&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/EU-Turns-to-Egypt-in-the-Rush-to-Replace-Russian-Gas.png?fit=1011%2C568&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":11509,"url":"https:\/\/www.oilnewskenya.com\/index.php\/eus-landmark-proposal-to-label-natural-gas-as-green-energy-is-good-for-africa-energy-industry\/","url_meta":{"origin":7742,"position":1},"title":"EU\u2019s Landmark Proposal to Label Natural Gas as \u2018Green\u2019 Energy is Good for Africa &#038; Energy Industry","author":"","date":"January 4, 2022","format":false,"excerpt":"Africa's call for a just and inclusive energy transition has been answered through the European Union's landmark proposal to label natural gas as a 'green' energy source. Historically, Africa has always fought for sustainable development because we know, first-hand, the ravaging effects that even minute changes in climate can have\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/LNG.jpg?fit=660%2C435&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/LNG.jpg?fit=660%2C435&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/LNG.jpg?fit=660%2C435&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":1802,"url":"https:\/\/www.oilnewskenya.com\/index.php\/oil-gas-uk-statement-on-scottish-referendum-result\/","url_meta":{"origin":7742,"position":2},"title":"Oil &#038; Gas UK statement on Scottish Referendum result","author":"Samuel Kamau Mbote","date":"September 19, 2014","format":false,"excerpt":"In light of the \u2018No\u2019 vote in the Scottish Referendum, Oil & Gas UK looks forward to continuing working closely with both the UK and Scottish Governments towards the shared ambition of maximising economic recovery of the UK\u2019s offshore oil and gas resource. This vote does not and will not\u2026","rel":"","context":"In &quot;Oil Politics&quot;","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15171,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nnpc-ltd-gas-suppliers-sign-1-29bscf-d-feedgas-gsas-with-nlng\/","url_meta":{"origin":7742,"position":3},"title":"NNPC Ltd, Gas Suppliers Sign 1.29bscf\/d Feedgas GSAs with NLNG","author":"","date":"August 26, 2025","format":false,"excerpt":"The Nigerian National Petroleum Company Limited (NNPC Ltd.) and several upstream gas suppliers have signed long-term Gas Supply Agreements (GSAs) with the Nigeria Liquefied Natural Gas Limited (NLNG) for the delivery of 1.29 billion standard cubic feet per day (bscf\/d) of Feedgas. The 20-year agreements, with extension options, were signed\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/08\/NNLG.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/08\/NNLG.jpg?fit=1000%2C667&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/08\/NNLG.jpg?fit=1000%2C667&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/08\/NNLG.jpg?fit=1000%2C667&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":10843,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-africa-sasol-cef-partner-to-accelerate-gas-development\/","url_meta":{"origin":7742,"position":4},"title":"SOUTH AFRICA: Sasol, CEF Partner to Accelerate Gas Development","author":"","date":"September 8, 2021","format":false,"excerpt":"Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MOU) to collaborate on accelerating the development of gas solutions in South Africa. This agreement brings together South Africa\u2019s two leading pioneers of the gas industry that possess deep experience in operating across the gas value chain,\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Sasol-2.png?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Sasol-2.png?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Sasol-2.png?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Sasol-2.png?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Sasol-2.png?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8760,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-cameroon-chevrons-entry-into-central-africa-could-be-a-turning-point-for-gas-industry\/","url_meta":{"origin":7742,"position":5},"title":"Equatorial Guinea &#038; Cameroon: Chevron\u2019s Entry into Central Africa Could be a Turning Point for Gas Industry","author":"","date":"August 5, 2020","format":false,"excerpt":"The recently-announced acquisition of Noble Energy by Chevron for $13bn gives the American major an entry into Equatorial Guinea\u2019s oil & gas sector, where Noble Energy has interests in the Alba Field (33% non-operated WI and 32% revenue interest), Block O (Alen Field 51% operated WI and 45% revenue interest)\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/8332d65fc8ae4c65991384f6af7a30bc.jpg?fit=800%2C534&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/8332d65fc8ae4c65991384f6af7a30bc.jpg?fit=800%2C534&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/8332d65fc8ae4c65991384f6af7a30bc.jpg?fit=800%2C534&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/8332d65fc8ae4c65991384f6af7a30bc.jpg?fit=800%2C534&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=7742"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7742\/revisions"}],"predecessor-version":[{"id":7744,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7742\/revisions\/7744"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/7743"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=7742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=7742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=7742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}