1. English Edition

UK LNG Imports Could Fall To Zero By End-2012

UK LNG Imports Could Fall To Zero By End-2012
dj
Πεμ, 8 Μαρτίου 2012 - 18:19
The liquefied natural gas imports on which the UK has become dependent could all but disappear next winter because of much higher demand for natural gas in Japan, according to Bank of America Merrill Lynch.
The liquefied natural gas imports on which the UK has become dependent could all but disappear next winter because of much higher demand for natural gas in Japan , according to Bank of America Merrill Lynch. 
"It is not implausible that UK LNG imports fall to zero by the end of 2012, especially if none of Japan 's nuclear power plants are restarted this year." This means UK gas prices could rise to 90p a therm next winter, up 50% from their current level, as more expensive pipeline gas fills the gap, it adds.

Διαβάστε ακόμα