October 26, 2021

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Johnson begins his meetings with the energy sector due to the rise in gas prices

Johnson begins his meetings with the energy sector due to the rise in gas prices

The British government keeps this weekend Contacts with representatives of the energy sector To address the growing concern about Gas price increase. British experts link the rise in gas to strong global demand, Maintenance problems in some gas facilities and low wind energy production.

The price of gas in the UK was at 1.31 pounds (1.51 euros) for heat (An energy unit equal to one million calories) i.e. Four times more than last year. According to official sources, the Minister of Projects, Quasi Quarting, holds meetings with companies supplying gas to Evaluate the impact of this price hike.

These increases have resulted Closure of some fertilizer factories in the country. Specifically, Kwarteng maintains Connections with executives of energy companies such as Scottish Power, EON and EDF, as well as with the sector regulator, Ofgem.

Gas prices have risen as economies around the world begin to recover from the Covid-19 pandemic, but also due to Decreased production of renewable energy Because of the low winds in the country and Reduced flow of natural gas from the pipeline from Norway to the United Kingdom.

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