Advertisement
Advertisement
Advertisement
Advertisement
United Kingdom plans to increase gas supply to the European Union

United Kingdom plans to increase gas supply to the European Union

United Kingdom plans to increase gas supply to the European Union

Google

Advertisement

Britain will have enough gas to meet demand, and will even ship additional gas to Europe due to low storage levels there.

When underground storage facilities begin to fill up ahead of winter, National Grid expects gas exports to the EU to increase from April to September.

Interconnectors allow Britain to export gas to Europe, and National Grid forecasts UK average shipments to Europe to reach 5.4 billion cubic metres this summer, up from 0.7 billion cubic metres last summer.

This summer, liquefied natural gas (LNG) will be more crucial than ever, according to the grid operator. It anticipates LNG supply to average 6.4 billion cubic metres this summer, up from 5.1 billion cubic metres last year.

The United Kingdom imports only about 3% of its gas from Russia, while the European Union imports nearly all of its while the European Union relies on Russia for around 40% of its needs. Several European countries have said they are reducing reliance on Russian gas in the wake of the war in Ukraine.

Advertisement

Also Read

Georgia’s top diplomat guarantees Kuleba that Russia will not be able to get circumvent sanctions
Georgia’s top diplomat guarantees Kuleba that Russia will not be able to get circumvent sanctions

Ilya Darchiashvili, Georgia's foreign minister, told Dmytro Kuleba that his country will...

 

Advertisement
Advertisement
Read More News On

Catch all the International News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Follow us on Google News.


End of Article

Next Story