it is wednesday, october 12th. i m christine romans. president biden says he believes russian president vladimir putin is rational. mr. biden said putin s objectives invading ukraine were irrational and a serious misjudgment. do you think putin is a rational actor? i think he is a rational actor who s miscalculated significantly. so if he s not rational no, i didn t say he s not rational. you said the speech. i think his speech, his objectives. i think he thought they would welcome him with open arms. this is home for mother russia and i think he totally miscalculated. cnn s jasmine wright is live in washington. what else did the president have to say about putin and ukraine? reporter: obviously the president warned of catastrophic mistakes and miscalculations. president putin continues to make these nuclear threats. as the u.s. grows more concerned while looking at the escalations happening in ukraine caused by russia. he warns of armageddon. take a look at
supply to finland the latest escalation of an energy payments row with the west. russia s gas giant gazprom confirmed it had completely halted exports to finland at 0a:00 gmt on saturday. finland says there will be no disruption to customers. today the 28th world gas conference starts in daegu, with 12,000 participants from 90 countries descending on the energy city of south korea. topics on the table for discussion will no doubt focus on russia and europe s energy supply or lack of it. meanwhile, the uk is apparently experiencing a gas glut, with surplus supplies of natural gas pouring into britain s re gasification terminals. the glut has squashed gas prices on the spot market in britain, but will this lead to prices dropping for consumers? joining me now is michael stoppard, global gas strategy lead, s&p global. read gasification terminals, where they store the gas until it is needed, if those are full, there is a glutton the supply of gas, will people watching at home
Ukrainian President Volodymyr Zelenskiy said a Russian attack on his country s energy sector on Saturday had targeted gas facilities important for supply to the European Union.
Chevron s Wheatstone facility in Australia suffered a fault affecting about a quarter of its liquefied natural gas (LNG) production, a company spokesperson said on Thursday, the same day that workers were set to escalate strike action.