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by einichi 150 days ago
Pipeline-based providers are still a significantly greater percentage of the UK's overall gas consumption

Could the UK not rebalance its imports from LNG to more pipeline-based gas? It seems like the UK has managed to cut out Russian LNG imports completely already.

2 comments

I suspect it absolutely could rebalance, resulting in some other country taking the US gas instead while we take their previous non-US gas.

Rebalancing US cloud services out is impossible, though. That's the real UK economy kill switch.

And payment clearing, incidentally. Bank interlending (including BoE) in the UK is almost entirely built on US systems.
Their precious pipelines could just be blown up by an unknown actor the moment the US president says the UK will not get any gas through them.

The North Stream scenario could just repeat.

Time for some heat pump subsidies I guess! Haha