Gas prices surge by more than a THIRD as Beast from the East snowstorm batters Britain

Gas prices surge by more than a THIRD as Beast from the East snowstorm batters Britain
 

The outage at the Kollsnes gas processing plant has sent the price of other available gas reserves soaring, and UK-stored gas volumes are drawn down.
As the "Beast from the East" gripped the UK today, the British wholesale gas price for immediate delivery has soared 146 percent to a new high of 190.00 pence per therm after high demand during the current cold snap, and an unfortunate outage in Norway.
Oliver Burdett from EnAppSys energy specialist told Express.co.uk that the price spike to £1.90 is “huge” but comes against a backdrop of UK gas prices rapidly rising since the... read more

 
28 February 2018 in Business, Views: 44
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30