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UK gas prices surge to record high

22 March 2013 Last updated at 19:12 GMT

The price of wholesale gas surged to a record high on Friday after the unexpected closure of one of three import pipelines.

A technical fault at the UK-Belgian interconnector, one of the UK's biggest import pipelines, forced the shutdown.

It comes following a prolonged cold snap which has already sparked fears that the UK will run out of stored gas.

John Moylan reports.