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Transcripts For BBCNEWS World Business Report 20240707



hello and welcome. the uk is today taking delivery of liquefied natural gas, or lng, shipped all the way from australia. it s part of europe s preparations for the winter at a time when gas supplies from russia are under threat because of the war in ukraine. the uk is home to three of the largest lng terminals in europe, and this delivery could be consumed across europe. australia doesn t usually sell gas this far afield, and it s signalled that it might have to limit its exports because of its own supply problems. joining me now is james huckstepp, head of emea gas analytics, s&p global commodity insights. thanks very much for being with us today, james. how much of a problem solver is this shipment? problem solver is this shiment? , , , shipment? the shipment is really part shipment? the shipment is really part of shipment? the shipment is really part of what - shipment? the shipment is really part of what we - shipment? the shipment is really part of what we have ....

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Transcripts for BBCNEWS World Business Report 20240604 04:33:00

Against the problems which we fearare coming against the problems which we fear are coming down the line when the weather starts getting colder? , , , , colder? this shipment, it is cominu colder? this shipment, it is coming around colder? this shipment, it is coming around 100 - colder? this shipment, it is coming around 100 mcm, l colder? this shipment, it is| coming around 100 mcm, is colder? this shipment, it is - coming around 100 mcm, is the 1 coming around 100 mcm, is the1 million cubic metres is the average lng cargo, and the uk is importing multiple cargoes per week. so, this itself is not going to be a game changer, and actually the issue that we are having right now is that we are having right now is that we are struggling to get these shipments to the parts of europe that need them the most. this is the infrastructure bottleneck that we have seen over the past few months developing where you have got the european gas system developed to float gas from east to west with mo ....

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