28th February 2014
Turmoil In Ukraine Could Spark Energy Crisis For UK Industry
CERAMICS manufacturers are keeping a watching brief amid fears that the UK gas supply could be affected by the developing crisis in Ukraine.
Violence has spread from the capital Kiev to other towns and cities in the Eastern European country amid an ongoing political stalemate.
And as much of mainland Europe’s gas is channelled through Ukraine, the British Ceramic Confederation (BCC) fears supplies to Europe could be affected imminently and this could have a knock-on effect in the UK.
Dr Laura Cohen, chief executive of the BCC, says the situation illustrates the UK’s vulnerability in gas security and storage.
She said: “Energy security is essential in any modern industrial economy and we need to see urgent action to address this matter.
“We have campaigned in the past for Government intervention to protect industry from gas shortages.
“Last year, the BCC raised concerns after UK gas supplies fell dangerously low following a prolonged cold spell in March.
“One year on and we now face a different situation. The problems in Ukraine reinforce the need for the Government to ensure the UK has extra gas storage capacity and a requirement to hold adequate safety stocks.
“Uncertainty over supply has led to terrible price volatility in the past and will do so in future, leading to harmful effects on manufacturing and investment and a possible loss of jobs.”
Shepherd PR News
Lucideon - the New Name for Ceram
Shepherd PR client Lucideon makes the Top Story in the West Midlands edition of Insider News – with details about how 'game-changing' technology could transform Stoke's ceramics industry bringing with it up to 7,500 new jobs. Read more at http://bit.ly/1gfIHCY
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