Ukraine is continuing to pump natural gas into underground storage facilities, collecting 9.3 billion cubic metres (bcm) for the 2023/24 heating season, Ukrainian energy ministry said on Tuesday.
course, on this side of the house, we stand with ukraine and we stand with the government response to putin s brutality full stop we will look carefully at the details of the military spending an ounce, and we will support them. at what we cannot accept is the use of the war as a blanket excuse for failure. our economy has weak foundation. global crisis hit britain more than other countries. wages in this country are lower now in real terms than they were 13 years ago. the average french family is a tenth richer. the average german family a fifth richer. countries which faced the same pandemic, countries which face the same war. the war did not bind onshore wind, did not scrap the insulation scheme, didn t run down our gas storage facilities, they did. decisions which heard people battling the cost of living crisis
counterparties to trade, effectively you would have gas on the market where the liquidity isn t enough. you would then start to see prices jumping up and down because there isn t someone on the other side of the trade. the cap comes with some risks, thank you for explaining. another point on storage. the uk top adviser on infrastructure has said he is concerned that the uk government is not helping or ensuring the uk is going to have enough gas storage facilities in the future. can you tell us more about that? the uk is intricately linked with the rest of the european market. when you look at how high prices have gone in the past, it was very little to do with whether or not the uk had storage, it was to do with the fact the uk was tied through interconnect as with europe and via the switching of norwegian gas back and forth between the two market areas. it might help