The Guardian: Centrica in talks with government over impact of Russia sanctions

The country's largest domestic energy supplier, Centrica, is in talks with the government as fears mount that a worsening stand-off with Russia could undermine an important power deal.

The discussions come as the parent group of British Gas prepares to reveal more than £1bn in operating profits for the first half of the year on Thursday, with more than a quarter coming from the domestic supply business.

The government talks centre on a big contract estimated to be worth hundreds of millions of pounds under which gas from Gazprom, which is owned by the Kremlin, is scheduled to start flowing into Britain in a matter of weeks, before peak winter demand. At the time of signing, Centrica described the deal as "helping to deliver UK energy security".
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