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Gas: Uk Trading Policy

Volume 489: debated on Wednesday 28 October 1987

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asked Her Majesty's Government:What action they propose to take to respond to the views expressed by the International Energy Agency, of which the United Kingdom is a member, that "the international gas trade should be liberalised, for exports as well as imports" and that Her Majesty's Government "should recognise the benefits of integration into the wider European market".

Following privatisation of British Gas, the Government introduced a more open policy on gas exports and imports, which offers increased opportunity for interaction with the wider European market. Under the new policy the Government will give positive consideration to export and import proposals, while paying due regard to security of gas supply and the pace of UKCS activity.