There may be signs that surging natural gas prices are starting to ease, but it's worth revisiting how we got to this situation where some energy producers are being forced to switch to oil and even coal to cover energy shortages ahead of winter in the Northern Hemisphere. It's also happening on the heels of the COP26 Summit in Glasgow. JP Ong spoke to Dr Fereidun Fesharaki, the Chairman of FGE, to trace how we got to these energy shortages, if Singapore's strategy to focus on long-term contracts is a better tactic in these times, the politics behind the shortages, and if the transition to cleaner energy is more complicated than first thought.

<p>There may be signs that surging natural gas prices are starting to ease, but it's worth revisiting how we got to this situation where some energy producers are being forced to switch to oil and even coal to cover energy shortages ahead of winter in the Northern Hemisphere. It's also happening on the heels of the COP26 Summit in Glasgow. JP Ong spoke to Dr Fereidun Fesharaki, the Chairman of FGE, to trace how we got to these energy shortages, if Singapore's strategy to focus on long-term contracts is a better tactic in these times, the politics behind the shortages, and if the transition to cleaner energy is more complicated than first thought.</p>

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

<p>Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.</p>

Advertisement