BBCNEWS World Business Report June 4, 2024 04:39:00
Places like that but some of the infrastructure is not therefore lng terminals. there are also places like north africa and some of the north sea for gas supply as well but not as easy for europe to wean itself off gas as it is for oil and we have seen that in terms of prices, where oil prices are up, brent crude is up, 50% on the ear, whereas gas is up 300%. it shows the difference between gas and oil, particularly with gas prices and gas itself, there has been low storage. 0il, there is a lot of oil in place in terms of buffers whereas gas has a lot lower storage and we are trying to address...