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CNNMoney.com: Shell says UK gas supply unaffected by Bacton terminal shutdown

February 29, 2008: 05:53 AM EST

LONDON, Feb. 29, 2008 (Thomson Financial delivered by Newstex) — Royal Dutch Shell PLC (NYSE:RDS A) said gas supply in Britain is unaffected by the shutdown of the Bacton gas terminal on the Norfolk coast following a fire at the site on Thursday.

No one was injured during the incident which occurred at the Shell-operated terminal’s waste water system. The facility remains shut for safety reasons.

‘The gas supply to the UK is unaffected. Shell has been in contact with the National Grid, which monitors the amount of gas coming into the UK, and they have confirmed there is more than enough supply coming into the country from all the various sources. National Grid is confident there will be no detrimental effect on security of supply,’ Shell said in a statement.

The Bacton terminal, which processes gas from the North Sea, provides around 10 pct of the country’s gas supply.

Shell said an investigation is underway to determine the cause of the fire. It declined to say when the terminal’s operation could be restored.

Copyright Thomson Financial News Limited 2007. All rights reserved

http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-23389169.htm

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