from russia, it s going to be very hard for europe to meet all of its demand. the long term picture here is that europe will have learn to do without russian gas. after the events of this year, it will no longer want or be able to rely on russian gas supply and will have to go elsewhere. the problem is how do you get through this winter and subsequent winters while we make that adjustment in replacing gas supplies with supplies perhaps in the us and other thought sources of energy like wind power? what has happened here is that russia is looking for ways to maximise its leverage in the short term while we still have that dependency. britain s new prime minister will be announced on monday and easing the cost of living crisis will be top of the agenda at downing street. the crisis threatens places like care homes as well business and it s projected to affect 60% of manufacturers in the uk. there are fears many may have to close altogether. mike padgham chairs the independent care group,
caverns they have with gas and they were outperforming those targets recently, but i think it s worth saying, and especially now when even at reduced levels we will not have had nord stream gas, that full storage will not last all winter at the normal rate of gas consumption. it s the flow that matters as well as the stockpiles and it will help in the first few months of winter but the danger is, as we get to the second half of the winter, and those stockpiles are being run down, especially if it is cold, with no gas or little gas coming from russia, it s going to be very hard for europe to meet all of its demand. the long term picture here is that europe will have learn to do without russian gas. after the events of this year, it will no longer want or be able to rely on russian gas supply and will have to go elsewhere. the problem is how do you get through this winter and subsequent winters while we make that adjustment in replacing gas supplies with supplies perhaps in the us and ot
and it is more anger towards him because for some people, the soviet union was the great period of their life, and it has been taken away. orfor some people, they blame him for, like, some struggles that they went through during this time, which i think, yeah, the younger generation thinks differently in this way, yeah. russia s main pipeline transporting gas to europe through germany will now not reopen as planned on saturday. russian state energy firm gazprom said it had found an oil leak in a turbine on nord stream 1, meaning it would be closed indefinitely. the pipeline has been shut down for the past three days for what gazprom described as maintenance work. the news is likely to put further pressure on gas prices
this is bbc news. i m luxmy gopal and these are the headlines. (00v)moscow blames maintenance problems for failing to resume moscow blames maintenance problems for failing to resume the main pipeline that transports gas from russia to europe after a three day closure. (sot) it is going to be harder to fill up gas storage, it will raise the risks of storage this winter and it makes a dilemma for politicians as they. more than half of manufacturers in the uk say they may have to cut production or close down completely because of rocketing energy bills. nasa are expcted to call off off their second attempt to launch its most powerful rocket, artemis i to the moon five days after technical problems scuppered the first. these are live pictures from cape canaveral ahead of take off, which is hoped to be
ending their involvement with the nord stream gas to pipeline, which has since then been cancelled, the announcements the invasion took place, and also they are going to quit a facility that which is 50% owned and operated by gazprom. is 50% owned and operated by gazrom. ., ,, ., , gazprom. now, in russia, they miaht gazprom. now, in russia, they might have gazprom. now, in russia, they might have actually gazprom. now, in russia, they might have actually withdrawn | might have actually withdrawn their operations there, but the oil price globally is up 30% since the start of this war, so how much our oil companies actually profiteering for what is happening in ukraine? thea;r is happening in ukraine? they are certainly is happening in ukraine? they are certainly generating - is happening in ukraine? tie: are certainly generating an awful lot of cash flow from it, so they are anticipated to make adjusted earnings this quarter of 8.4 billion, which is well more than double what it