| 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. |











