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The British gas industry was privatised in 1986 under the provisions of the Gas Act 1986. [10] The Act abolished the British Gas Corporation and established British Gas plc. The 1986 Act also established a licensing regime, a Gas Consumers’ Council, and a regulator for the industry called the Office of Gas Supply (OFGAS). [10]
In the beginning of the 1900s, the gas market in the United Kingdom was mainly run by county councils and small private firms. At this time the use of a flammable gas (often known as "town gas") piped to houses as a fuel was still being marketed to consumers, by such means as the National Gas Congress and Exhibition in 1913.
Gas del Estado (1992) – national gas company partitioned and sold, among others, to the Spanish Gas Natural company Naturgy. Obras Sanitarias de la Nación (water company, 1992–93) - given under concession to the French conglomerate Suez , which operated it under the name Aguas Argentinas; re-nationalized in 2006 as Aguas y Saneamientos ...
2021 In November 2020, the British government announced that AWE plc, operator of the Atomic Weapons Establishment, would become wholly owned by the Ministry of Defence from June 2021. [97] [98] 2021 Probation services in England and Wales for low- and medium-risk offenders brought back under public control after being privatised in 2014. [99 ...
The Gas Act 1986 (c. 44) created the framework for privatisation of the gas supply industry in Great Britain. [1] The legislation replaced the British Gas Corporation (government or state ownership) with British Gas plc (private ownership). The Act also established a licensing regime, a Gas Consumers’ Council, and a regulator for the industry ...
A natural gas glut in the US has sent prices for the commodity tumbling to multi-decade lows, down 43% over the past year.At West Texas's key trading spot, the Waha Hub, prices have been negative ...
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