WATCHING THE WORLD U.K. GAS INDUSTRY COMPETITION

with Roger Vielvoye from London Two recent events added emphasis to the fundamental changes that are taking place in the newly competitive U.K. gas industry. British Gas plc, fast adapting to life in a deregulated market, outlined a list of more flexible contract terms that would be available now that the former state owned monopoly no longer buys the entire output of new North Sea gas developments and has opened its nationwide trunk gas transmission system to third party carriers.

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