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If you have problems with Ofgas, come to me and I will sort them out.'
Ofgas said yesterday that it would be checking that the 2 per cent October cut was enough.
Ofgas is furious about that, but the Secretary of State for Energy has said,' Oh, that's all right.
The first cut - of 3 per cent- was made on July l after the industry's watchdog, Ofgas, threatened court action over excess profits.
The government also created an industry regulator, the Office of Gas Supply (Ofgas), to protect customer needs.
BG has claimed that the Ofgas plan could cost £3 billion over ten years and cause widespread disruption to the business during the transition period.
British Gas was also in demand - up 3p at 270p - after an Ofgas report suggesting the giant should be split in two.
British Gas rose eight pence to 301.5, as the market belatedly welcomed a report by the industry watchdog Ofgas on increased competition in the gas distribution sector.
The group yesterday announced the appointment of Sir James McKinnon, director general of the consumer watchdog, Ofgas, as deputy chairman.
We are suggesting the establishment of what might be referred to in shorthand as "Ofbus", along the lines of Oftel and Ofgas.
September 1998 - Appointed by Peter Mandelson to become Director-General of the gas regulator Ofgas.
A regulatory body, OFGAS, was set up with similar responsibilities to OFTEL.
BRITISH Gas yesterday got the go-ahead for a Monopolies Board prices probe to squash official watchdog Ofgas attacks.
She had taken along a stack of booklets published by Ofgas that explain the competition and how it works, she said, but only one of her listeners opted to pick up a copy.
Regulation was also significantly expanded to compensate for the loss of direct government control, with the foundation of regulatory bodies like Ofgas, Oftel and the National Rivers Authority.
It was formed by the merger of the Office of Electricity Regulation (OFFER) and Office of Gas Supply (Ofgas).
The Office of Gas Supply (OFGAS) Southside, 105 Victoria Street, London SWlE 6QT may also be able to advise gas consumers.
His personal loyalty to clients, for example, became a byword in Scotland, as Sir James McKinnon, currently head of Ofgas and vice-president of the Scottish Institute when Mr Morrison was president, recalls.
This week's threat by Ofgas regulator Sir James McKinnon to take legal action against British Gas if it doesn't reduce its prices is an indication of what can be achieved by forceful regulation of the privatised utilities.)
The proposal - involving the setting up of three wholly-owned subsidiaries to separate handling of household supplies, industrial sales and pipeline transmission - represents a compromise on the more radical proposals put forward by the industry watchdog, Ofgas, for dismantling the company into separate regional suppliers.
The results of the MMC investigation, which was sought by BG after a series of acrimonious exchanges with Ofgas, are due to be presented to Michael Heseltine, the President of the Board of Trade, on 30 April.
Many of the same companies now vying for residential customers have been competing for commercial and industrial customers since 1986 with a fair amount of success, which they expected to repeat in the $20 billion residential market after Ofgas, the quasi-governmental agency that regulates the gas industry here, opened it to competition.
That's because it is concerned that Ofgas will not allow it to compete head-on with the other gas marketers if they have not attracted enough customers, even though a spokesman for Ofgas said British Gas could lower its prices right away.
Economic Advisor, Office of Gas Supply, (1996 - 2002)
The government also created an industry regulator, the Office of Gas Supply (Ofgas), to protect customer needs.
It was formed by the merger of the Office of Electricity Regulation (OFFER) and Office of Gas Supply (Ofgas).
The Office of Gas Supply (OFGAS) Southside, 105 Victoria Street, London SWlE 6QT may also be able to advise gas consumers.
I am sure that the hon. Gentleman will welcome the suggestion of the Office of Gas Supply that an E factor should be introduced into the gas tariff formula to fund cost-effective investment in energy efficiency.
