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Centrica shares soar amid 'Gazprom approach' reports

02/02/2006 - 15:37:39
The owner of British Gas added around £1bn (€1.47bn) to its value today amid reports of an approach from state-owned Russian energy giant Gazprom.

Speculation has mounted in recent weeks that Gazprom would make a bid for a UK power supplier to secure 20% of the domestic gas market.

But a spokesman for Centrica, the parent company of British Gas, today said he was not aware of any approach.

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