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Home News Energy Prices Energy Price Update
Energy Price Update
Monday, 05 January 2009 00:00

The extended cold weather, a small recovery in oil prices, and the worry about gas supplies from Russia as a result of their dispute with the Ukraine, has had a knock on effect on gas and electricity markets, which have risen slightly over the past week. 

A reported 50% surge in global LNG (Liquified Natural Gas) production over the next 3 years is likely to bring down prices and increase imports to the UK.



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