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General (General discussion, talk about anything.)
Started by: gaffer (7955)
There is a glut of LNG in the UK following a rise in ship deliveries of LNG bound for the European mainland. However, there is insufficient pipe line capacity to transfer the volume of gas involved . The wholesale price of gas for next day delivery is 40p a therm in the UK and 200p in Europe.
The peak price of gas last year was 500p a therm.
Replied: 12th May 2022 at 13:06