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Episode details

World Service,07 Oct 2021,26 mins

Europe gas prices fall after Russia intervention

World Business Report

Available for over a year

An intervention by Russia led to falls in the price of European gas, after steep hikes. Chris Weafer is chief executive of the Moscow-based consultancy Macro Advisory, and tells us what Russia is seeking in return. And we look at the wider global energy situation with Ellen Fraser of Baringa Partners. Also in the programme, an announcement that Premier League football club Newcastle United is to be taken over by Saudi Arabia is thought to be imminent. We hear what has unblocked the process from Kieran Maguire, lecturer in football finance at Liverpool University. Amid widespread computer chip shortages, the BBC's Samira Hussain gets a tour of Intel's newest chipmaking facility in Arizona from the firm's chief executive, Pat Gelsinger. Plus, coronavirus vaccines have reached every continent now that a shipment has arrived in Antarctica. John Eager is head of Polar operations for the British Antarctic Survey, and discusses the logistical challenges involved in transporting the AstraZeneca vaccines there. Today's edition is presented by Rob Young, and produced by Philippa Goodrich and Elizabeth Hotson. (Picture: NordStream 2 gas pipeline's German landfall area. Picture credit: Getty Images.)

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