Gas Production/Supplies
Q: To ask the Secretary of State for Trade and Industry if he will assess the merits of stipulating a requirement for gas wholesalers to contract for a minimum supply percentage from outside the UK's own resources to guarantee supply levels through interconnectors and liquid natural gas shipments. (John Hemming)
A:The regulatory/commercial framework for the gas supply industry, overseen by Ofgem, gives strong financial incentives for companies to have sufficient gas supplies, on a day-by-day basis, to meet their contractual commitments. It is in companies' interests to source gas supplies from a diverse range of sources and supply routes. (Malcolm Wicks, Minister of State (Energy), Department of Trade and Industry)
Gas Production/Supplies
Q: To ask the Secretary of State for Trade and Industry what estimate he has made of the total imported gas capacity in millions of cubic metres which will be available per average day in each quarter from Q1 2006 to Q4 2008.(John Hemming)
A:The information requested is available within my right hon. Friend's "First Report to Parliament on Security of Gas and Electricity Supply in Great Britain" (July 2005). This can be found on the DTI's energy website: http://www.dti.gov.uk/energy and in the Libraries of the House. (Malcolm Wicks, Minister of State (Energy), Department of Trade and Industry)
Gas Production/Supplies
Q: To ask the Secretary of State for Trade and Industry what estimate he has made of the likely (a) average price and (b) total gas consumption within the UK for each quarter from Q1 2006 to Q4 2008. (John Hemming)
A:Wholesale gas prices will vary on a daily basis, determined by market conditions. The Department has not made forecasts of quarterly gas prices.
The Department's scenarios for future gas consumption were reported to Parliament in my right hon. Friend's "First Report to Parliament on Security of Gas and Electricity Supply in Great Britain" (July 2005). This can be found on the DTIs website: http://www.dti.gov.uk/energy (Malcolm Wicks, Minister of State (Energy), Department of Trade and Industry)
Q: To ask the Secretary of State for Trade and Industry if he will assess the merits of stipulating a requirement for gas wholesalers to contract for a minimum supply percentage from outside the UK's own resources to guarantee supply levels through interconnectors and liquid natural gas shipments. (John Hemming)
A:The regulatory/commercial framework for the gas supply industry, overseen by Ofgem, gives strong financial incentives for companies to have sufficient gas supplies, on a day-by-day basis, to meet their contractual commitments. It is in companies' interests to source gas supplies from a diverse range of sources and supply routes. (Malcolm Wicks, Minister of State (Energy), Department of Trade and Industry)
Gas Production/Supplies
Q: To ask the Secretary of State for Trade and Industry what estimate he has made of the total imported gas capacity in millions of cubic metres which will be available per average day in each quarter from Q1 2006 to Q4 2008.(John Hemming)
A:The information requested is available within my right hon. Friend's "First Report to Parliament on Security of Gas and Electricity Supply in Great Britain" (July 2005). This can be found on the DTI's energy website: http://www.dti.gov.uk/energy and in the Libraries of the House. (Malcolm Wicks, Minister of State (Energy), Department of Trade and Industry)
Gas Production/Supplies
Q: To ask the Secretary of State for Trade and Industry what estimate he has made of the likely (a) average price and (b) total gas consumption within the UK for each quarter from Q1 2006 to Q4 2008. (John Hemming)
A:Wholesale gas prices will vary on a daily basis, determined by market conditions. The Department has not made forecasts of quarterly gas prices.
The Department's scenarios for future gas consumption were reported to Parliament in my right hon. Friend's "First Report to Parliament on Security of Gas and Electricity Supply in Great Britain" (July 2005). This can be found on the DTIs website: http://www.dti.gov.uk/energy (Malcolm Wicks, Minister of State (Energy), Department of Trade and Industry)
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