Equinor Energy Trading Limited - Notice of Revocation of a Gas Supply Licence
Licence revocation
- Publication date
- Company
- Equinor Energy Trading Limited
- Industry sector
- Supply and Retail Market
- Licence type
- Gas Supplier Licence
NOTICE OF REVOCATION OF A LICENCE PURSUANT TO SECTION 7A WITH REASONS PURSUANT TO SECTION 38A OF THE GAS ACT 1986
Notice of Revocation
Whereas
1. Equinor Energy Trading Limited, (company registration number 03161976), having its registered office at 1 Kingdom Street, London, W2 6BD, is the holder of a Gas Supply Licence (the “Licence”) granted or treated as granted under section 7A(1)(a) 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 Authority may at any time revoke the Licence on giving not less than 30 days notice to Equinor Energy Trading Limited where it agrees in writing with the Authority that the Licence should be revoked.
4. By email dated 02 February 2022 Equinor Energy Trading Limited confirmed that the Licence is no longer in use and agreed with the Authority that the Licence should be revoked.
Reasons for Decision
5. Equinor Energy Trading Limited has agreed in writing with the Authority that the Licence is no longer in use and should be revoked in accordance with the terms of the Licence by email dated 02 February 2022.
Therefore
6. The Authority hereby gives notice that, unless the Authority otherwise directs, the Licence will be revoked with effect from 05:01am on 22 March 2022.
Lynn Parker
Duly authorised on behalf of the Gas and Electricity Markets Authority
17 February 2022