Non-regulated businesses and other

A jetty engineer at a liquefied natural gas (LNG) importation facility

This year has seen further expansion activity at our liquefied natural gas (LNG) importation terminal on the Isle of Grain. Through the commissioning of phase II, the site now has annual import capacity of 9.9 million tonnes. We are continuing to invest in Grain LNG and by 2010, with the phase III expansion, it will have the capacity to import 14.8 million tonnes per annum, around 20% of the UK’s forecast gas demand.

During the year, approximately 645,000 new meters were installed by OnStream, our competitive metering business, comprising approximately 375,000 gas and 270,000 electricity meters.

We are undergoing a programme of land remediation at many of our brownfield sites, including legacy gas sites.

Key Facts

  • Metering and meter reading services for around 20 million meters in the UK
  • Property portfolio of over 800 sites comprising buildings and land of around 1,600 hectares
  • Phase III Grain LNG completion anticipated in 2010
  • Adjusted operating profit £65m 2007/08: £129m
  • Capital investment £427m 2007/08: £383m
  • Employees 3,597* 2007/08: 3,155
  • LNG imported to the UK through Isle of Grain (tonnes) 1,229,000 2007/08: 590,000
*
Excluding shared services employees