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HANSARDEnergy Bill [HL]I will leave that as a comment; there is nothing I can reply to on it. When I have further information, I will update the Committee. The commitment proposed by my noble friend…07 Sept 2022HANSARDEnergy Bill [HL]As I said at OQs this afternoon, licences have been granted by Ofgem, by the regulatory bodies, because the safety and security of the facility is important. Centrica has taken a…07 Sept 2022HANSARDEnergy Bill [HL]I thank all noble Lords for participating in what has been a fascinating debate on an important subject, very much building on the discussion that we had earlier this afternoon. I…07 Sept 2022HANSARDEnergy Bill [HL]It hates to spend money full stop.07 Sept 2022HANSARDEnergy Bill [HL]The noble Lord is correct that a lot of drafting work went in. There is always limited OPC drafting time in government. It is regrettable that these clauses have had to be added,…07 Sept 2022HANSARDEnergy Bill [HL]I will speak to government Amendments 41 and 63 standing in my name. Amendment 63 will enable the Gas and Electricity Markets Authority and the Northern Ireland Authority for…07 Sept 2022HANSARDEnergy Bill [HL]I thank the noble Lord, Lord Teverson, for his kind invitation to address noble Lords on this subject, and I thank others who have contributed to the debate. Let me start with…07 Sept 2022HANSARDEnergy Bill [HL]07 Sept 2022HANSARDEnergy Bill [HL]Moved formally. No! I will speak to it.07 Sept 2022HANSARDNorth Sea GasIndeed, the reports written at the time were published. There was one report by Cambridge academics studying precisely this matter. It is easy to be wise after the event. If that…07 Sept 2022HANSARDNorth Sea GasTo be honest, this Question was the first I have heard of this meeting. I do not know the answer. I do not even know if we have been invited to it, but I will find out.07 Sept 2022HANSARDNorth Sea GasI totally agree with the noble Lord. Of course, the issue of energy security is completely different from the issue of being able to afford it, and we are all, of course, all too…07 Sept 2022HANSARDNorth Sea GasWe have not failed to make sure there is sufficient gas in case of emergency. As I just said, we get 45% of our supplies from our domestic sources; we have extensive LNG…07 Sept 2022HANSARDEnergy Bill [HL]You just can’t get the Whips to support you properly nowadays, can you?07 Sept 2022HANSARDNorth Sea GasGas is clearly a very important fuel. As I said, our sources of supply are diverse. We have 45% from our own North Sea production; we have secure supplies from Norway; we have 20%…07 Sept 2022HANSARDNorth Sea GasAs I said, the facility was closed in 2017 for commercial reasons, and that was not a decision for BEIS or Ministers at the time. The Government understand that Centrica is…07 Sept 2022HANSARDNorth Sea GasWe have received proposals from Centrica, which we are closely examining at the moment. I point out that the market in 2017 was in a very different position. A number of…07 Sept 2022HANSARDNorth Sea GasAs I intimated in my previous answer, we are co-operating closely with the European Union, and as I said, throughout the summer, in the quiet months, the UK’s LNG terminals—we…07 Sept 2022HANSARDNorth Sea GasThe noble Lord has made a number of points that deserve an answer. First, it was a commercial decision for Centrica to close the Rough storage facility. Secondly, the reason that…07 Sept 2022HANSARDNorth Sea GasMy Lords, Great Britain has 1.5 billion cubic metres of gas storage capacity, which equates to approximately five days of peak January demand. Energy security is an absolute…07 Sept 2022