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Centrica, the parent company of British Gas, has made a significant strategic investment by acquiring a 1.5 billion euro stake in Europe's largest liquefied natural gas (LNG) terminal.
The deal is a major move to secure and diversify the UK's energy supply, which has been a top priority for the government and energy companies since the volatility of the past few years.
The LNG terminal is a crucial piece of infrastructure that allows for the import of natural gas from around the world, reducing the UK's reliance on piped gas from other countries.
For Centrica, the investment provides a long-term asset that will help to stabilize its energy supply and manage its costs, which in turn could help to provide more certainty for consumers.
The move is a sign that energy companies are actively seeking to build more resilient and diversified energy portfolios in a world of geopolitical and market uncertainty.
The investment is seen as a key step in bolstering the UK's energy security and ensuring a stable supply of natural gas in the years to come.
2025-08-21 11:33:00


22% of workers report money worries harming job performance, with 19% taking sick leave due to financial stress, per BSA research.
2025-09-23 13:26:00
BMW sets aside £206.9m for potential car finance mis-selling payouts amid FCA investigation.
2025-09-22 16:47:00
UK housing market sees 2% price drop in Q3 2025, driven by high interest rates and economic uncertainty.
2025-09-22 15:23:00
A three-bedroom house in Nantlle filled with rubbish goes to auction with a £45,000 guide price, requiring full renovation.
2025-09-20 23:40:00
10Bet Casino offers new customers a 100% matched deposit bonus up to £50 with specific terms and conditions.
2025-09-19 18:42:00

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