Conocophillips Petroleum Company UK Limited - Notice of proposal to transfer a gas shipper licence to ConocoPhillips (UK) Marketing and Trading Limited

Publication date
15th March 2019
Information type
Policy area

Notice under section 8AA(9) of the Gas Act 1986 (as amended) of the proposed transfer of a Gas Shipper licence held by Conocophillips Petroleum Company UK Limited to ConocoPhillips (UK) Marketing and Trading Limited.

The Gas and Electricity Markets Authority (‘the Authority’) hereby gives notice pursuant to Section 8AA(9) of the Gas Act 1986 (as amended) (‘the Act’) as follows:

1.  Conocophillips Petroleum Company UK Limited, the registered office of which is 20th Floor 1 Angel Court, London, EC2R 7HJ, United Kingdom has written to the Authority seeking its consent under Section 8AA of the Act to the transfer of the Gas Shipper licence granted to Conocophillips Petroleum Company UK Limited pursuant to section 7A(2) of the Act to ConocoPhillips (UK) Marketing and Trading Limited, the registered office of which is at 20th Floor 1 Angel Court, London, EC2R 7HJ, United Kingdom.

2.  The Authority proposes to grant consent to the proposed licence transfer which, subject to our consent, is currently proposed to take place on 01 June 2019, for the following reasons:

(i)  Conocophillips Petroleum Company UK Limited has applied to the Authority under Section 8AA of the Act for the Authority’s consent to the transfer of its gas shipper licence to ConocoPhillips (UK) Marketing and Trading Limited; and

(ii)  The Authority is satisfied that it would have been appropriate to grant a Gas Shipper licence to ConocoPhillips (UK) Marketing and Trading Limited had ConocoPhillips (UK) Marketing and Trading Limited applied to the Authority for such a licence and as such considers that it is appropriate to consent to a transfer of an existing Gas Shipper licence to ConocoPhillips (UK) Marketing and Trading Limited.

3.  Any representations or objections in relation to the proposal by the Authority to grant consent to the proposed licence transfer should be made in writing no later than 15 May 2019 to the Authority, either:

by post to the Gas and Electricity Markets Authority at 10 South Colonnade, Canary Wharf, London, E14 4PU marked for the attention of Industry Codes and Licensing or by email to: licensing@ofgem.gov.uk.

Lesley Nugent

Duly authorised on behalf of the Authority