UK develops €374bn gas 'market'

The wholesale gas market sees the purchase and sale of energy products - electricity and natural gas – by energy producers and energy retailers.

UK develops €374bn gas 'market'

The wholesale gas market sees the purchase and sale of energy products - electricity and natural gas – by energy producers and energy retailers.

The UK produces up to 90% of the gas it needs in North Sea oil fields and once it is piped ashore, wholesalers buy gas under long-term contracts before selling it on to power the electricity network and to domestic gas retailers such as British Gas.

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