As advised in 13:00 communication, we have completed our supply assumption review and consequently the GBA Trigger Level is being revised from 414.1mcm to 434.1mcm.
The GBA Trigger Level has been under regular review since the start of January in light of the recent Russian/Ukraine situation. This situation appears to have stabilised and IUK is now importing. We believe it is appropriate given current confidence in underlying supplies that IUK import assumptions are built back into the GBA Trigger Level calculation at its base case figure of 20mcm, in line with expectations for this and previous winters.
We will maintain our regular review of the GBA trigger level and advise accordingly.