The current volatility of gas prices is partly due to some global economies having become too reliant on renewable energy sources, according to the president of the International Gas Union, Dr. Joe M. Kang.
Speaking to RT on the sidelines of the St. Petersburg International Gas Forum, he said, “We are not ready yet to accept only renewable energy on the global scale. That’s why the balance between supply and demand is disrupted, that’s the main reason that gas prices are going up.”
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