VIDEO: British gas tariff overhaul: Irish gas prices set to rise

ICIS Editorial

16-Jun-2020

LONDON (ICIS)–Market reporter Jake Stones explains the impact on Irish prices of the upcoming UK gas tariff changes (read full article here):

  • The approaching overhaul of the British gas tariff system removes a key discount shippers utilise when sending gas to Ireland
  • In the absence of this discount the price of exports to Ireland will naturally rise in line with the new British regime
  • As Ireland’s new government ends the exploration of natural gas in Irish waters, soon Britain may be the only source to the country

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