UK Aims To Double US Gas Imports Under New Deal
Dec 9, 2022 ·
1m 7s
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Description
The UK has agreed to double imports of US gas over the next year as it tries to stabilize soaring energy prices. Prime Minister Rishi Sunak says the plan would...
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The UK has agreed to double imports of US gas over the next year as it tries to stabilize soaring energy prices.
Prime Minister Rishi Sunak says the plan would bring down prices for British consumers and help end Europe's dependence on Russian energy".
The UK does not import gas from Russia directly but has been hit by rising wholesale prices on the Continent.
The UK aims to double imports of liquefied natural gas from the US to 9-10 billion cubic meters over the next year.
The two countries will also boost collaboration over the development of new nuclear and green energy technologies.
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Prime Minister Rishi Sunak says the plan would bring down prices for British consumers and help end Europe's dependence on Russian energy".
The UK does not import gas from Russia directly but has been hit by rising wholesale prices on the Continent.
The UK aims to double imports of liquefied natural gas from the US to 9-10 billion cubic meters over the next year.
The two countries will also boost collaboration over the development of new nuclear and green energy technologies.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
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