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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

Fears UK gas stockpile to drop for winter as British Gas owner plans sell-off

A member of the Centrica crew walks along a gangway on the the Rough  gas platform in the North Sea.
Centrica reopened Britain’s largest gas storage site in late 2022 amid Europe’s energy crisis, when rocketing prices made it financially attractive. Photograph: PA Images/Alamy

Britain may have lower gas stockpiles going into the winter after the owner of British Gas indicated it plans to sell its stored gas to help reduce losses at a North Sea gas storage facility.

Centrica said the financial losses from its Rough gas storage business were not sustainable, meaning it would aim to sell the existing gas at the site without restocking before winter.

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