But prices are tipped to remain elevated until then. Consumer gas prices in Britain are calculated from a combination of forward and historic prices....
After the invasion, there was a huge decline in the volume of gas coming from Russia, forcing the European market to rebalance. Gas prices went through the roof, Europe imported more LNG from the global market and consumers limited their energy use as energy bills soared....
By 2024, this had plummeted to 30BCM....
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2025-01-08 00:00:00.0