...
...
Next Story

Gas row: UK expects limited impact

Russia's cutoff of gas supplies to Ukraine in a price dispute is likely to have a limited effect on Britain.

Published on: Jan 02, 2006 08:23 PM IST
PTI | By , London
Prefer HTon Google
Advertisement

Russia's cutoff of gas supplies to Ukraine in a price dispute is likely to have a limited effect on Britain, given that it is "not a heavy importer" of Russian gas, British Energy Minister Malcolm Wicks said on Monday.

HT Image
HT Image

"We are increasingly talking about a European or a global energy market, so there's always a worry about knock-on effects," Wicks told BBC radio a day after Russia cut its gas supplies to Ukraine in a bitter row over pricing.

"This is a difficult winter throughout Europe. It's colder than average and, for various reasons in Britain, we have got quite a tight equation between demand and supply. We need to look at this one very carefully."

But Wicks added: "We are not a heavy importer of gas from Russia, so the effects here should be less than elsewhere."

Britain does not import gas directly from Russia, but is connected to the Europe-wide wholesale gas distribution network through a pipeline that runs beneath the North Sea between Belgium and the north of England.

 
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe