Bord Gáis Energy Index Increases 1% in June; Gas glut to benefit Europe as “Gas OPEC” is currently toothless
Jul 13th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Bord Gáis Energy Index (BGEI), an Irish-specific index designed to measure prices in the wholesale energy market, increased by 1% in June. Meanwhile, a report from Deutsche Bank Research says a gas glut will benefit Europe in coming years and a planned "Gas OPEC" cartel is currently toothless.