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UK scours market for new gas, LNG supply deals as pound weakness bites

September 26, 2022 Comments Off

The UK government is currently scouring the market for potential gas import deals as part of a new supply security push, while the recent collapse in the value of the pound is adding to the UK’s LNG procurement costs. The UK relies on imported gas to meet around half of its demand, with Norway the top supplier, accounting for some…