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U.K. Needs Europe More Than Ever to Look After Its Natural Gas

  • Britain forecast to export record gas volume to Belgium today
  • Flows have been higher than normal after closure of Rough
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Photographer: Ian Waldie/Bloomberg

The U.K. is becoming more dependent than ever on the European Union to look after its natural gas, even as it negotiates its exit from the bloc.

Britain is expected to ship a record volume of natural gas from the U.K. to Belgium through an interconnecting pipeline Wednesday, capping a year of buoyant flows to the mainland. The rising exports suggest the U.K. is stockpiling gas for the winter in facilities outside its borders after losing its largest storage site, Rough. When the weather turns frigid later this year, it will rely on those on the continent to send the fuel back.