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Gas Prices

Volume 177: debated on Monday 23 July 1990

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To ask the Secretary of State for Energy what consideration he has given to the implications of gas price rises during the next 15 years for energy policy.

Gas prices during the next 15 years will depend on the availability of supplies and the level of demand over the period. I am confident, given the large reserves available both in United Kindom and in western Europe, that gas will remain highly competitive with other fuels.