High UK Gas Prices Could Persist Through 2025 ...Middle East

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High UK Gas Prices Could Persist Through 2025
High gas prices will persist for the next three years, warned investment bank Stifel, as millions of households struggle with the cost of living crisis. Supply chain disruption and spiraling liquefied natural gas (LNG) prices will provide a lethal combination for the UK energy industry, amid global volatility, with gas prices expected to remain as high as 75 pence per therm in 2025. While this is considerably below the £8 per therm peak recorded in March this year, it is also elevated from the 47p per therm price recorded this time last year…

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