National Grid: No gas supply emergency
UK’s National Grid reassures the market that there is no gas supply emergency despite gas demand soaring
National Grid, one of the world's largest utilities, said that despite it issuing its first Gas Balancing Alert following a surge in gas demand in Britain, this was "a routine market tool issued at times of high demand or – which is not the case today – when there has been a significant supply loss." Gas demand is expected to hit a record of 465.8 million cubic metres (mcm) on Monday December 20, 2010.
"There is no gas emergency and so we are not at stage 1, 2 or 3," said an official spokeman at
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