• Published: Apr 30 2025 03:12 PM
  • Last Updated: May 29 2025 11:49 AM

Global gas news includes UK RTS meter replacements, Nigerian cooking gas price drops, US helium exploration, UK gas infrastructure upgrades, a Yate house explosion (unrelated to gas mains), and a Bangladesh gas shortage.


Newsletter

wave

Gas News: A Week in the Life of Our Energy

Hey everyone, let's dive into the week's gas news – it's been a rollercoaster! From price drops in Nigeria to pipeline upgrades in Gloucester, there's plenty to unpack. Honestly, who saw all *this* coming?

British Gas's RTS Meter Mayhem

First up, a big heads-up from British Gas: They're urging 12,000 customers to swap out their old RTS meters before June 30th, 2025. These things rely on a radio signal from the BBC to adjust energy rates, and if they aren't replaced, you could face seriously inflated bills, or even supply disruptions. It's not just a British Gas thing either; Ofgem reckons 415,000 meters nationwide need replacing. So if you're with Octopus, E.ON, EDF, or similar, keep an eye on your inbox! They're offering free smart meter replacements or other fixes. It's a bit of a scramble, but better safe than sorry!

A Breath of Fresh Air (and Lower Bills) in Nigeria

Now for some good news! Cooking gas prices in Nigeria have plummeted – in some places, below N1,100 per kilogram. This is all thanks to a drop in petrol prices, which directly impacts the cost of producing and transporting cooking gas. It's a huge relief for consumers struggling with high energy costs. Of course, Nigeria still imports a big chunk of its cooking gas, so this might not last forever. The Independent Petroleum Marketers Association of Nigeria (IPMAN) has confirmed the link between petrol and cooking gas prices. You know how sometimes things just spiral? Well, this time, it's spiraling *down*.

Infrastructure Updates: Digging Up Progress (and Roads)

Over in Gloucester, Wales and West Utilities (WWU) are busy upgrading gas pipes. This means an 11-day road closure on Upton Street starting May 27th. A bit of a nuisance, sure, but it's all part of making the gas network safer and more efficient. Plus, it's future-proofing things for hydrogen and biomethane – a step towards a greener energy future. Meanwhile, in Somers Point, New Jersey, they're tackling abandoned gas station sites, turning eyesores into community assets – that's a win-win!

Helium's Hot: Mosman Oil & Gas Makes a Bet

Mosman Oil & Gas is making a big play in the US helium market. They're launching a five-well drilling program in May, hoping to capitalize on the booming demand and limited competition. Their strategy is all about quick, low-cost wells. If they hit the jackpot, their share price could skyrocket. It’s a high-stakes gamble, but it could pay off big.

A Yate Explosion: Gas Not to Blame

There was a house explosion in Yate, UK, injuring four people. Thankfully, Wales and West Utilities confirmed it wasn't linked to the gas mains – investigation is still ongoing. It's a stark reminder of how easily things can go wrong. Hopefully, everyone is recovering well.

Bangladesh's Gas Squeeze

And finally, Bangladesh is facing a gas shortage, which is hitting commercial and industrial users. The government's diverting supplies to power plants, leaving businesses short. It's a tough situation for those affected. You just never know what to expect. So, there you have it – a whirlwind tour of the week's gas news. It's a reminder that this stuff really impacts all of us, in different ways. Stay informed about developments in your area to be prepared for whatever comes next!

Also Read: British Gas Smart Meter Deadline: Avoid a Costly Energy Shock!

FAQ

The UK is undertaking a significant RTS meter replacement program, aiming to improve gas supply monitoring and efficiency. This is a separate issue from the recent gas explosion.

Reports indicate a decrease in Nigerian cooking gas (LPG) prices, potentially due to increased supply or government intervention. Specific reasons require further investigation.

The US is actively exploring new helium resources, aiming to secure domestic supply and potentially impact global helium prices.

Yes, the UK is investing in upgrading its gas infrastructure to enhance reliability and efficiency, potentially addressing future energy demands.

Bangladesh is currently facing a gas shortage, impacting various sectors and causing concerns about energy security.

The Yate house explosion was unrelated to the gas mains, highlighting the importance of gas safety checks in individual homes.

Global natural gas prices are currently experiencing volatility, with some regions seeing decreases while others face shortages, leading to price hikes in affected areas.

These upgrades aim to improve the safety and efficiency of the gas distribution system, potentially reducing disruptions and enhancing the overall resilience of the UK's energy supply.

Smart meters are being rolled out as part of the UK's effort to modernize its gas infrastructure, providing consumers with greater control over their energy usage and enhancing accuracy of billing.

These shifts underscore the complexities of the global energy landscape, highlighting the need for diversification of energy sources, investments in infrastructure, and a focus on energy security.

Search Anything...!