National Grid 2004 Annual Report Download - page 38

Download and view the complete annual report

Please find page 38 of the 2004 National Grid annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 40

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40

36 Transco plc_Annual Report and Accounts 2003/04
Company
Transco plc.
Demerger
The demerger of Lattice Group plc from
BG Group plc which became effective on
23 October 2000.
Group
Transco and/or its subsidiary undertakings
or any of them as the context requires.
GWh
Gigawatt hours. 106kWh.
HSE
Health and Safety Executive.
kWh
Kilowatt hours.
Lattice or Lattice Group
Lattice Group plc and/or its subsidiary
undertakings or any of them as the context
requires immediately prior to the completion
of the Merger.
Licence
The Gas Transporter Licence treated as
granted under section 7 of the Gas Act 1986,
as amended, to Transco by which Transco
is authorised to transport gas.
LNG
Liquefied natural gas.
m
Million
mcm
Million cubic metres.
Merger
The merger of National Grid and Lattice
which became effective on 21 October 2002.
National Grid or National Grid Group
National Grid Group plc and/or its subsidiary
undertakings or any of them as the context
requires immediately prior to the completion
of the Merger.
National Grid Transco
National Grid Transco plc and/or its subsidiary
undertakings or any of them as the context
requires.
NTS
Transco’s UK national gas transmission system.
Ofgem
The Office of Gas and Electricity Markets.
Ordinary shares
Ordinary shares of 12⁄15 pence each in the capital
of Transco.
TWh
Terawatt hours. 109kWh.
Transco
Transco plc and/or its subsidiary undertakings
or any of them as the context requires.
Definitions