Mitsui Global Gas UK Ltd - Notice of Revocation of a gas shipper licence

Licence revocation

Publication date

Company

Industry sector

Generation and Wholesale Market

Licence type

Gas Shipper Licence

NOTICE OF REVOCATION OF A LICENCE PUSUANT TO SECTION 7A WITH REASONS PURSUANT TO SECTION 38A OF THE GAS ACT 1986
Notice of Revocation
Whereas

  1. Mitsui Global Gas UK Ltd (company registration number 06283046), having its registered office at 1 More London Place, London, SE1 2AF, is the holder of a Gas Shipper Licence (“the Licence”) granted or treated as granted under section 7A(2) of the Gas Act 1986 (“the Act”).
  2. Section 7B(3) of the Act provides that a licence granted or treated as granted under the Act may be revoked in accordance with any term contained in it. 
  3. The terms of the Licence provide that the Gas and Electricity Markets Authority (“the Authority”) may at any time revoke the Licence on giving not less than 24 hours’ notice to Mitsui Global Gas UK Ltd where it has passed a resolution for the winding up of the company.
  4. By a resolution passed on 22 December 2015, Mitsui Global Gas UK Ltd resolved that the company would be wound up voluntarily.
    Therefore
  5. The Authority hereby gives notice that with effect from 23 March 2016, the Licence shall be revoked.
    Reasons for Decision
  6. The Authority has decided that the Licence should be revoked in accordance with paragraph 1(f)(iv) of Schedule 2 of the Licence because the Licensee passed a resolution for the winding up of the company on 22 December 2015.

The Official seal of the Gas and Electricity
Markets Authority here
affixed is authenticated by –

Lesley Nugent
Authorised in that
behalf by the Authority