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Written question asked by Alex Cunningham (Labour) on Monday, 18 December 2017, in the House of Commons. It was due for an answer on Thursday, 21 December 2017 (named day). It was answered by Lord Harrington of Watford (Conservative) on Thursday, 21 December 2017 on behalf of the Department for Business, Energy and Industrial Strategy.


Natural Gas: Prices

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect on the cost of gas to households in (a) Stockton North, (b) the North East England and (c) the UK of the emergency closure of the Forties pipeline.

Answer

The UK benefits from a diverse source of gas supplies and there are no gas security of supply concerns from Forties being offline. While wholesale gas prices rose initially they have since fallen. Energy suppliers typically buy their energy well in advance, limiting the impact of any temporary rise in prices on consumers.


Secondary information

Type
Written question
Reference
120024
Session
2017-19
Subjects
Closures Natural gas Prices Pipelines North Sea oil
Contains statistics
Yes
Link
View this Written question on www.parliament.uk