Live Breaking News & Updates on Winter We Saw Last
Stay updated with breaking news from Winter we saw last. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The International Energy agency has revealed that lng now makes up 35 of europes energy supplies, not far off the 40 contribution that russia made before it was sanctioned over ukraine. Joining me now is ben mcwilliams, whos an Affiliate Fellow at bruegel. Thank you very much for being with us today. What are your concerns about where gas prices could go if these workers do indeed strike . This is certainly a concern, but to be clear up front, nothing comparable to last year. The position we are in is that, as you mentioned, as russian Pipeline Supplies have been cut over the last 12 months, the eu and uk have become more dependent on liquefied national gas. Natural gas. Australia typically supplies asia. If it were cut to asian consumers, we would see asian consumers turning around and looking to qatar and co ....
Typically supplies asia. if it were cut to asian consumers, we would see asian consumers turning around and looking to qatar and competing with european buyers there, which would in turn have some knock on effect on prices. as it had last week, 40% increase from around 30 to 36 euros just nothing like close to 200 euros we saw last winter. we saw last winter. have you been following we saw last winter. have you been following the we saw last winter. have you been following the progressl we saw last winter. have you | been following the progress of the negotiations to avert this strike? what is your expectation of actually what could happen this week? the unions have could happen this week? the unions have an could happen this week? tue: unions have an agreement could happen this week? tte: unions have an agreement where they are allowed to take industrial action. they are allowed to take industrialaction. it they are allowed to take industrial action. it remains to be seen whe ....