Capex Data
No data yet.
Future Plans
The markets in which Centrica operate are changing. As gas demand increases globally, UK Continental Shelf production is in decline and new sources of gas will be required to fill the supply gap.
The sourcing of gas is becoming a global business. Strategic infrastructure will become increasingly important. And because the market is changing Centrica see the need to evolve in order to remain competitive. The company plan to secure competitive gas and power for their downstream customer supply businesses by continuing with an 'asset right' approach that achieves the right blend of their own assets, long-term contracts and short-term trading.
Centrica has acquired exploration interests in Norway, the UK, Egypt and Trinidad, as part of its strategy to widen its search for new supplies for its British Gas customers. It also holds two operating licences in Nigeria.