Centrica welcomes announcement on Rough gas storage facility

Centrica welcomes today’s announcement by the Secretary of State that it will be allowed to retain the Rough gas storage facility subject to agreement of undertakings.

Chief Executive Sir Roy Gardner said "We have always believed that appropriate undertakings could be agreed to overcome any competition concerns. We are pleased that the Commission has also come to this view, ending the uncertainty for our customers, our shareholders and the staff who work on the facility. We are comfortable with the remedies recommended and look forward to working with the OFT and Ofgem to implement them."