Britain’s Gas Tariff Overhaul

The British wholesale natural gas market is undergoing an overhaul of the tariff system which governs the cost of bringing gas into and out of the network.

After a two-year transition period, Britain is due to have an entirely different mechanism for charging shippers using the transmission system by 2021.

This market insight by ICIS Senior Reporter, Thomas Rodgers, explains the current charging process, the reasons why the industry called for a system overhaul, potential options for the future of the charging tariff and how the changes could potentially impact supply patterns across Europe.

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