British Gas
1973 the Gas Council was abolished and the British Gas Corporation was established. Major reorganisation including renaming the Area Gas Boards as Regions.
1984 In preparation for privatisation, the oil producing assets of British Gas were put into a separate company, Enterprise Oil
1986 The assets of the British Gas Corporation were transferred to British Gas plc. In November 1986, shares in British Gas plc were offered for sale on the stockmarket.
1989/90 British Gas plc re-organised into three separate business units:
- the Gas Business in Great Britain
- Exploration and Production
- Global Gas.
By 1991 the 12 regions had been re-organised into 91 districts covering the whole of Britain.
1994 The Gas Business in Great Britain underwent further restructuring when five Business Units were established:
- Transco, responsible for transporting and storage of gas
- Public Gas Supply, the domestic market
- Business Gas, for supplies over 2,500 therms p.a.
- Service
- Retail
1997 British Gas plc demerged to form 2 separate companies: Centrica plc and BG plc which owned Transco plc. Centrica took over gas sales and gas trading, services and retail businesses, together with the gas production operations in the North and South Morecambe gas fields (Rampside Gas Terminal).