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This time last year, but not a cause for complacency either. but we ve seen, for example, in the last few weeks, the threat of labour strikes in australia s natural gas industry that spiked prices on the market. there s a whole world of factors out there, aren t there? i mean, i mjust wondering, helima, what are the ones you re watching? again, that s such a great point about the labour strikes in australia, because you look at who are the big suppliers and issues about concentration risk. so, we don t think of australia as a geopolitical risk, but again, you highlight the labour issue. so again, you always have to be concerned. when you are net importer, you always have to become concerned about security of supply. and i think that is something that has moved to the forefront of policymaker concerns. the big oil and gas producers in the middle east and the gulf, they re partners with russia in what s called 0pec+, the cartel and that s where they make thejoint decisions on output ....
This time last year, but not a cause for complacency either. but we ve seen, for example, in the last few weeks, the threat of labour strikes in australia s natural gas industry that spiked prices on the market. there s a whole world of factors out there, aren t there? i mean, i mjust wondering, helima, what are the ones you re watching? again, that s such a great point about the labour strikes in australia, because you look at who are the big suppliers and issues about concentration risk. so, we don t think of australia as a geopolitical risk, but again, you highlight the labour issue. so again, you always have to be concerned. when you are net importer, you always have to become concerned about security of supply. and i think that is something that has moved to the forefront of policymaker concerns. the big oil and gas producers in the middle east and the gulf, they re partners with russia in what s called 0pec+, the cartel and that s where they make the joint decisions on output ....
About vladimir putin s energy weapon turned out not to have been nearly as potent as the initial concerns. so, are they out of the woods completely? no, they re not completely out of the woods now. again, they re in a better situation because they ve been able to build storage. also, there was new supplies being brought in from countries like the united states, with lng, qatar re routed cargoes. again, the weather really helped out. but if it s an unseasonably cold winter, if we have other supply disruptions, we re not out of the woods. and so, again, much better outcome than when we spoke this time last year, but not a cause for complacency either. but we ve seen, for example, in the last few weeks, the threat of labour strikes in australia s natural gas industry that spiked prices on the market. there s a whole world of factors out there, aren t there? i mean, i mjust wondering, helima, what are the ones you re watching? again, that s such a great point about the labour strikes in ....
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