Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  Centrica PLC    CNA   GB00B033F229

CENTRICA PLC (CNA)

59
Delayed Quote. Delayed London Stock Exchange - 10/23 08:51:50 am
295.8 GBp   +0.07%
4h ago CENTRICA : Sam Laidlaw speaks on Europe’s energy challenges at the FT..
1d ago CENTRICA : Share Repurchase Programme
3d ago CENTRICA : Share Repurchase Programme
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

Centrica: Shale Gas Won't Transform UK Energy

05/03/2012 | 11:47am US/Eastern

The U.K.'s shale gas resources could prove to be important, but they won't totally transform the energy landscape in the U.K., said Mark Hanafin, managing director of the energy production division of U.K. utility Centrica PLC (>> Centrica PLC) Thursday.

"U.K. shale production--I think it's important and we should develop it, but I don't think it's going to be a game changer," Hanafin told reporters on the sidelines of the Petrostrategies conference in Paris.

"I don't think it changes the British government's desire, which is the right one, to have a very diversified energy mix. That means nuclear, it means gas, it means renewables," he said.

Centrica, and its partner Electricite de France SA (>> EDF), are still talking to the U.K. government about ways to support and minimize the risk of investment in a fleet of new nuclear power stations, Hanafin said.

There is a lot of work still to do before the final decision to build new plants can be taken at the end of this year, he said.

-By James Herron; james.herron@dowjones.com; +44 207 842 9317

Stocks mentioned in the article : Centrica PLC, Centrica PLC, EDF
Latest news on CENTRICA PLC
1m ago Utilities
4h ago CENTRICA : Sam Laidlaw speaks on Europe’s energy challenges at the FT Euro..
1d ago UTILITIES Centrica 2941/2 +2 3637/8
1d ago Utilities
1d ago CENTRICA : Share Repurchase Programme
2d ago ABI Research, Centrica, National Grid, ENi, Petrofac, and Tullow Oil to prese..
2d ago UTILITIES Centrica 2921/2 -3 3643/4
3d ago CENTRICA : Share Repurchase Programme
3d ago CENTRICA : recognised for leadership in transparency and action on climate chang..
6d ago CENTRICA : recognised for leadership in transparency and action on climate chang..
Advertisement
Chart
Duration : Period :
Centrica PLC Technical Analysis Chart | CNA | GB00B033F229 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF