Ofgem Approves Deal to Keep UK Gas Import Capacity From Europe

The UK’s energy market regulator, Ofgem, is looking to keep Britain’s gas import capacity from mainland European connectors to preserve flexibility to import gas in case of strong demand. Ofgem on Thursday approved Interconnector Limited entering into an agreement, under its license, with National Gas Transmission plc to reinforce gas import capability through the Great Britain-Belgium interconnector. The UK is connected to mainland Europe with several interconnectors, through which gas can flow in both directions depending on where…