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    Re #5

    British Gas was privatised by Margaret Thatcher in 1986 and demerged in 1997 to form two entirely separate companies, Centrica and BG Group. It is Centrica which supplies gas to the UK market under the brand name British Gas, in competition with many other suppliers. BG Group has nothing to do with this and any investments it chooses to make have no bearing on the price of domestic gas in the UK.

    BG Group is a major player in the exploitation of gas resources worldwide and this latest project in Australia is just the sort of venture we should welcome since BG Group is headquartered in the UK and hopefully a majority of its shareholders are still British so any proceeds should help to bolster UK PLC.

    This specific project is to enable the transport of coal seam gas from an inland coalfield via a pipeline to the coast at Gladstone in Queensland where it will be liquefied and transported as LNG to markets in China and Japan.

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