European gas deregulation seen saving billions

08/27/2001
European gas consumers could save up to $2 billion/year (£4 billion/year) by 2005 if gas markets were deregulated to the same extent as the UK market, according to a new study.UK consultants Energy Markets Ltd. also estimated that by 2010 these savings would increase to $3.6 billion/year (£2.5 billion/year). Consumers in the UK would also benefit from lower gas prices in continental Europe because of the direct pipeline link through the UK-Belgium Interconnector system, said Mike Fulwood, CEO of EML. Rising pricesEuropean buyers have driven up wholesale gas prices in the UK during the past 2 years as they sought cheaper alternatives to traditional supplies from Norway, Russia,...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected