Byers asks EC to investigate pipeline
3 April 2012
Stephen Byers, the trade and industry secretary, has asked the European Commission to investigate possible anti-competitive behaviour by firms using the interconnector gas pipeline between Britain and Europe.
The move follows 100 per cent increases in British wholesale gas prices. According to the Energy Intensive Users’ Group, the bills of the largest users have risen by £500 million.
The pipeline between Bacton in East Anglia and Zeebrugge, Belgium, opened in 1998. It can carry gas in both directions and was expected to make cheap gas available to users in Britain...