Showing posts with label prices. Show all posts
Showing posts with label prices. Show all posts

Sunday, October 14, 2012

Icy UK on the way as energy prices rise


 
Unions in Britain have urged the government to tackle costly energy prices.

Source: Press TV
http://www.presstv.ir/detail/2012/10/14/266694/icy-uk-on-the-way-as-energy-prices-rise/

Unions in Britain have urged the government to tackle costly energy prices, after energy provider British Gas announced its rising gas and electricity bills by 6 percent in the coming month.

Unions demanded an emergency package of efficient energy measures to tackle the growing poverty for fuel in the UK, while many households are fighting to pay bills, keep their homes warm or struggle to eat.

Some 8.5 million households in the UK will face an expensive winter as they struggle to find a way through an extra £80 a year on their energy bills.

British Gas’s energy rival Scottish and Southern Energy (SSE) is already increasing its charges by an average of 9 percent on October 15, which is hitting five million electricity customers and 3.4 million gas customers across the UK.

Another energy firm called Npower followed the fashion of announcing its average rise of 8.8 percent for the gas bill and 9.1 percent for electricity consumers.

Unison national business secretary Mike Jeram warned, "It will be a long, cold winter for many pensioners, the unemployed, low paid workers and their families. This is a crisis in the making and the government needs to tackle fuel poverty head-on or we will see the number of deaths from cold rising over the winter."

Monday, April 19, 2010

Qatar says gas prices are unfair





Source: PressTV
http://www.presstv.ir/detail.aspx?id=123741§ionid=3510213


Qatar's says gas prices should be more closely connected to that of crude oil, refusing however to cut natural gas output to help boost prices.

"Current prices aren't fair. They should be linked to oil prices,” Abdullah bin Hamad al-Attiyah told reporters Sunday in Algerian city of Oran, where the Gas Exporting Countries Forum (GECF) ministerial meeting is to kick off.

He added that during the meeting his country intends to "discuss mechanisms to stabilize (gas) prices."

Russian Energy Minister Sergei Shmatko, attending the meeting, said world gas producers should cooperate to limit the impact of spot sales on their long-term deals.

In late March, Algeria proposed countries participating in the forum to reduce gas exports to restore balance in the global gas market.

Algerian energy minister Chakib Khelil has said that current gas prices were too low and should be raised. He has said the ideal price for gas should account for one sixth of the price of a barrel of oil.

Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, and Venezuela are members of the GECF.

The GECF headquarters is situated in Qatar's capital Doha. In December 2009, the GECF elected Russian Leonid Bokhanovsky as its secretary general.

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