Gas marketplace startle army ministers to examination UK's supply policies
The regulator has also doggedly countered concerns over a UK’s gas supply confidence by focusing on earthy gas flows into a British gas grid rather than a cost shouldered by consumers.
It has defended this concentration notwithstanding ancestral marketplace cost spikes and a fall of dual appetite suppliers this winter.
UK gas futures are a third aloft compared to a conditions dual years ago, in partial driven aloft by a convene in tellurian oil prices.
The stand from 36p per therm to 48p per therm enclosed a spike to over 60p late final year amid a European gas marketplace shock.
The UK’s disappearing North Sea prolongation is met by imports around pipelines to Norway and continental Europe.
Britain is also means to import super-chilled gas, that is shipped on tankers. This gas is especially alien from Qatar though also stems from a tellurian market.
The Department for Business, Energy and Industrial Strategy did not respond to steady queries from The Sunday Telegraph.
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