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FX Daily Updates
Three UK gas operators to pay $10.8 million over emergency response failures
georgemiller
Publish Date: Fri, 30 May 2025, 06:17 AM
May 30 (Reuters) - British energy regulator Ofgem on Friday said three gas operators have agreed to pay a combined 8 million pounds ($10.78 million) for failing to meet emergency response targets within required timescales.
Cadent Gas Limited, Scotland Gas Networks Plc (SGN Scotland) and Southern Gas Networks Plc (SGN Southern) will make the payment to the regulator's Energy Industry Voluntary Redress Fund, which funds projects to support energy consumers.
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https://www.reuters.com/business/energy/three-uk-gas-operators-pay-108-million-over-emergency-response-failures-2025-05-30/