Centrica to miss out on silver lining from rough sales

June 21, 2017

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Centrica won’t have much change left after selling all the spare fuel it keeps at a North Sea gas facility it’s decided to close.

The so-called cushion gas, sitting in a reservoir 29 km off the English coast, is worth about £750-million pounds, according to Lakis Athanasiou, a utilities analyst at Agency Partners LLP in London.

Category: General