Transco
1994 British Gas restructured the Gas Business in Great Britain into five Business Units:
- 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 into two separate listed companies: BG plc and Centrica plc.
British Gas's transportation and storage business (Transco) and the Exploration and Production (excluding the North and South Morecambe gas fields), International Downstream, Research & Technology and Properties businesses became part of BG plc.
2000 A second demerger took place as a result of which BG plc became two companies – BG Group Plc (the international elements of the gas business) and Lattice Group Plc.
Transco became part of Lattice Group plc. Lattice Group's primary responsibility was UK Gas Transmission and Distribution (which by then has been reshaped into eight networks, from the 12 Regions). Lattice also owned a number of telecoms infrastructure businesses including SST (UK) Ltd. Other businesses held under the Lattice Enterprises portfolio included Advantica, Fulcrum Connections, Lattice Energy Services and Lattice Property.
2002 Lattice Group plc and National Grid Group plc merged to form a new company – National Grid Transco plc
2005 The name of National Grid Transco plc was changed to National Grid plc.
See Also
Sources of Information
- [1] National Gas Archive