BG price increase question

broxis11

Although I work for BG, I don`t know the answer to this question.

BG announced a massive deal with Qatar in February yet the prices have jumped considerably since then.

What impact did this deal have on the current pricing?

http://www.independent.co.uk/news/business/news/centrica-in-2bn-qatar-gas-deal-2223287.html

ihateyes

broxis11 wrote: »

Although I work for BG, I don`t know the answer to this question.

BG announced a massive deal with Qatar in February yet the prices have jumped considerably since then.

What impact did this deal have on the current pricing?

http://www.independent.co.uk/news/business/news/centrica-in-2bn-qatar-gas-deal-2223287.html

send an email to sam and phil and ask, but my answer is nil... the contraact is just That Qatar has agreed to ship LPG to the UK for BG. the price will still go up/and down.

Its well know as OFgem are investigatiing why if comanies bought the energy cheaper than others, why these cheaper prices werent reflected in like for like pricing.

While your there tell sam to STOP selling our north sea gas to europe and pump it down into the Uk

Cheers

bengasman

broxis11 wrote: »

What impact did this deal have on the current pricing?

Nothing whatsoever. The price of one contract has very little to do with retail price setting for domestic customers.