Record Prices Could Take Years: Britain’s Largest Gas Supplier Warns

Britain’s main natural gas supplier assumes that high natural gas prices are not a temporary phenomenon but could last up to two years.

 

“The market suggests that high gas prices will continue for the next 18 to 24 months,” Chris O’Shea, chief executive of Centrica, owner of gas supplier British Gas, said in an interview with the BBC.

O’Shea sees no indications of possible falling prices.

High electricity and gas bills are a headache for families across Europe and cause peak inflation.

Leave a Reply

Next Post

Google Makes Proposal to German Competition Watchdog

Thu Jan 13 , 2022
US internet giant Google has proposed to the German competition watchdog to remove its news service ‘Google News Showcase’ from internet search results in Germany.   The American tech company hopes that this will address the concerns of the competition authority that had launched an investigation. The German competition watchdog […]
Google Wants to Build New AI Search Engine

You May Like

Quick Links