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Transcripts for BBCNEWS World Business Report 20240604 13:37:00

Fact that they will be sorting out other spot supplies. yeah, so asia is the largest other spot supplies. yeah, so asia is the largest importer other spot supplies. yeah, so asia is the largest importer of - is the largest importer of australian liquefied natural gas, so the strikes in australia impact asia a bit more, but in today s environment, as the european union has been trying to wean itself off russian dependency, there is more need for natural gas. europe is in a lot more competition for every module unit of natural gas across the world, and that is why the prices have become a lot more volatile, we have more of an interconnected global gas market compared to two years ago. where would those compared to two years ago. where would those spot compared to two years ago. where would those spot supplies - compared to two years ago. where would those spot supplies come i compared to two years ago. where - would those spot supplies come from? say the strikes did take place, t ....

Spot Supplies , This Asia , Australian Liquefied Natural Gas , Impact Asia , Natural Gas , European Union , Module Unit , Global Gas Market , South Korea , Of Asia ,

Transcripts for BBCNEWS World Business Report 20240604 10:33:00

Bit more, but in today s environment, whereas the european union has been trying to wean itself off russian dependency, there is a fight for the molecules of natural gas so, you know, europe is in a lot more competition for every unit of natural gas across the world and that s why the prices have become a lot more volatile. we ve got a lot more of an interconnected global gas market compared to two years ago. where would those spot supplies come from? say these are strikes to take place, the likes of asia, japan, south korea, malaysia, where would they be looking and competing if europe is also impacted by this? well, the usa is a very large exporter of liquefied natural gas and its supplies have been growing. in fact, earlier on this year, in one of the largest lng facilities, ....

Wisdomtree Europe , Natural Gas , European Union , Global Gas Market , Spot Supplies , Of Asia , South Korea , Liquefied Natural Gas , Lng Facilities ,

Transcripts for BBCNEWS World Business Report 20240604 04:49:00

This winter, conceivably next winter, probably the winter after that but then you ve got questions about whether that would actually be needed because what would happen to the global gas market and supplier prices by then is really hard to countenance. i think one of the important things is that demand is having some impact. as a an amount that if you can do it, the root of the problem, the single most important thing you can do that is happening across europe already. when it stronger, sometimes in terms of energy policy. spain and portugal are a relatively comfortable ....

Global Gas Market , Northern Europe , Energy Policy ,