Norman Dunn's 'Hebburn and our Neighbours Forum'
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Re: Gas storage, the lack of
Brian, It's our Privatise Everything, Sell Everything Ministers, (Both Parties) We just have to look back at ALL the aggressive takeovers and buyouts of profitable Companies that have taken place. (Remember when Macmillan said we were selling off the Family Silver) Under the terms of the sale Centrica "who bought British Gas" had a free hand to asset strip the Company of all the storage facilities it owned. Just look at Siemens and the Asset stripping it did in the NorthEast with C.A.Parsons and the half Billions it got off the British Gov't to build the Chip manufacturing Factory in Wallsend. Still closed and never opened.
Recommended Local History websites.