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Where does the UK get its gas and is it facing a shortage this winter?

From bbc.com

Energy Secretary Kwasi Kwarteng said it was alarmist and misguided to start talking about gas shortages. "There is no question of the lights going out, of people being unable to heat their homes. There will be no three-day working week, or a throwback to the 1970s," he said. The government said the UK has a "diverse and secure" range of suppliers. Norway in particular is increasing its exports from October. However, demand for gas is rising across Europe, and some fear the UK could be physically - and perhaps politically - at the back of the queue. What's more, the UK has scant storage facilities - it's been ... (full story)

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  • Category: Fundamental Analysis