The tanker carrying the first shipment of Australian gas to Europe in more than five years will dock in the UK before most of it is channeled to the continent to storage sites.
- The gas shipment from Australia will arrive at the Isle of Grain terminal in Kent.
- The import is expected to help ease gas shortage pressures across Europe.
- It comes as around 3.5 million Britons are expected to be pushed into energy poverty.
Australian gas will be shipped to Europe for the first time in more than half a decade in a bid to ease pressures as gas shortages continue to plague the continent.
The gas tanker Attalos is expected to arrive today at the Isle of Grain terminal in Kent, next to the mouth of the Thames.
It is the first time in six years that the rare cargo of liquefied natural gas (LNG) has been transported between continents, according to data from Bloomberg.
Some of the gas is likely to be used in the UK immediately and most will be transported through pipelines to the rest of Europe where it will be stored.
It will be the first time Australian gas has been imported into Europe in six years. The gas tanker Attalos is expected to arrive today at the Isle of Grain terminal in Kent, next to the mouth of the Thames.
However, some of the gas could be returned to Britain during the winter months.
According to Vessel Finder, the Attalos left Malaysia on July 20, where it picked up the gas cargo from Australia.
It is rare for Australia to export gas to Europe due to the long journey required, instead it is usually shipped to Asia, but the deep gas crisis Europe is currently facing has catapulted the need for new sources of fossil fuels.
It comes as the energy crisis continues to deepen across the UK, with bills forecast to more than triple to £6,089 in April.
Rising energy bills will worsen the cost-of-living crisis for many households across the country already struggling with an estimated 3.7 million elderly and vulnerable people who are at “high risk” of being pushed into energy poverty. long-term.
It comes as the energy crisis continues to deepen across the UK, with bills forecast to triple to £6,089 in April.
Octopus Energy Chief Executive Greg Jackson told Radio 4’s Today show on Monday that if the price of beer had risen as much as the price of petrol, a pint would cost £25.
He said: ‘People don’t know what a therm is but, underneath that, the price per therm has gone from 60p to around £5 at the moment and that’s what happens to customers if we don’t do something.
‘There are systemic problems.
‘There are a lot of questions about how we pay for this.
“One thing we can’t do is expect to pass those costs on to consumers.”
High gasoline prices are also adding to the bill that will hit households to prop up failed energy supplier Bulb.
According to new research from Auxilione, an energy consultancy, and shared with the Financial Times this weekend, the cost of rescuing Bulb could be £4bn by this spring.
The ministers stepped in to rescue Bulb, as it was deemed too big to fail. Many of his rivals had gone bankrupt.
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