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It is the pricing and delivery point for the ICE Futures Europe (IntercontinentalExchange) natural gas futures contract. It is the second most liquid gas trading point in Europe [2] and has a major influence on the price that domestic consumers pay for their gas [citation needed]. Gas at the NBP trades in pence per therm.
It is the trading name of British Gas Services Limited and British Gas New Heating Limited, both subsidiaries of Centrica. [5] Serving around ten million homes in the United Kingdom, British Gas was the largest energy supplier in the country until 2024 when it was overtaken by Octopus Energy. [6] It remains the largest gas supplier.
The price which Bolivia is paid for its natural gas is roughly US$3.25 per million British thermal units ($11.1/MWh) to Brazil and $3.18 per million British thermal units ($10.9/MWh) to Argentina. [35]
The power firm said it is encouraging customers to take up pension credit, which could make them eligible for Government winter fuel payments.
GB Gas Holdings Limited, founded 1996, which holds British Gas (also known as Scottish Gas). [11] [12] [13] Centrica Hive Ltd, founded in 2007. [14] In 1998, Centrica's supplier monopoly for gas came to an end. Centrica maintained the British Gas retail brand but is only allowed to use this brand name in the United Kingdom.
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. [3] [4] On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement.
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The Big Six were the United Kingdom's largest retail suppliers of gas and electricity, who dominated the market following liberalisation in the late 1990s. By 2002, six companies – British Gas, EDF Energy, E.ON, RWE npower, Scottish Power and SSE – had emerged from the 15 former incumbent monopoly suppliers (the 14 regional public electricity suppliers and British Gas).