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Cartel prices we do not need.......Scaremongering we need even less.............
Energy suppliers held back gas during UK shortage
Terminals near London and in Wales were 40% and 52% full on the day it was claimed the UK had
six hours' worth of gas left
The Liquefied Natural Gas terminal on the Isle of Grain near London.
Some of Britain's biggest energy suppliers were holding back gas in storage tanks at a time when the
market ran into an acute shortage two months ago, triggering a doubling of wholesale prices.
The revelations came after claims the UK was within six hours of running out of gas completely on 22 March
and will feed rising public and political anger over soaring power bills and previous allegations of
market manipulation.
The National Grid, which keeps data on the gas industry, revealed that the Liquefied Natural Gas terminal
at the Isle of Grain near London, used by BP, Centrica and other big suppliers, was 40% full on 22 March.
The South Hook LNG plant in south Wales, owned by ExxonMobil and Total, was 52% full on the same day
, at a time when various pipeline and other supply problems caused gas prices to hit 150 pence a therm.
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