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Centrica strikes $8bn deal to import more gas from US

British Gas owner will buy 1mn tonnes a year of LNG for 15 years, boosting UK supplies

Centrica has struck a major deal to import more gas from the US, in a move that the British Gas owner said would boost the UK’s energy security.

The company said it had agreed to buy 1mn tonnes a year of liquefied natural gas (LNG) for 15 years from Delfin Midstream, which is building a new export terminal near Louisiana. 

Centrica said the deal was worth $8bn at today’s prices and, when imports start, expected to be from 2027, could provide enough energy to heat 5 per cent of UK homes for 15 years.

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