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Transcripts For BBCNEWS World Business Report 20240707



supply to finland the latest escalation of an energy payments row with the west. russia s gas giant gazprom confirmed it had completely halted exports to finland at 0a:00 gmt on saturday. finland says there will be no disruption to customers. today the 28th world gas conference starts in daegu, with 12,000 participants from 90 countries descending on the energy city of south korea. topics on the table for discussion will no doubt focus on russia and europe s energy supply or lack of it. meanwhile, the uk is apparently experiencing a gas glut, with surplus supplies of natural gas pouring into britain s re gasification terminals. the glut has squashed gas prices on the spot market in britain, but will this lead to prices dropping for consumers? joining me now is michael stoppard, global gas strategy lead, s&p global. read gasification terminals, where they store the gas until it is needed, if those are full, there is a glutton the supply of gas, will people watching a ....

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Transcripts for BBCNEWS World Business Report 20240604 04:32:00

Stoppard, global gas strategy lead, s&p global. read gasification terminals, where they store the gas until it is needed, if those are full, there is a glutton the supply of gas, will people watching at home see the price they pay for their household bills drop? they pay for their household bills drow bills drop? the reader gasification bills drop? the reader gasification terminals | bills drop? the reader- gasification terminals other import nodes that allow us to bring in and liquefy natural gas and they have storage units supplied to them. in the uk we are storage short there is a shortage that those gas facilities then as we have seen the price can be very volatile and very high to very low. how will that affect bills? that will that affect bills? that will depend on how long the situation lasts for. if will depend on how long the situation lasts for. situation lasts for. if there is a glut. situation lasts for. if there is a glut, and situation lasts for. if there is a glu ....

Global Gas Strategy Lead , S P Global , Import Nodes , Natural Gas , Household Bills , Storage Units , Gas Facilities ,