Mr. Dermot Nolan:

I agree that our primary duty is not to the utility company but to the consumer. That underlies everything we do. We are supposed to ensure the cost to consumers is the efficient cost. The general issue of being a price setter in gas markets is very difficult.

The Deputy raises a specific issue of a gas review. We are reviewing the issue every three months and we will make an announcement of whether there should be a price change for 1 April in the near future. Without giving specifics away, over the past six months gas prices have not really changed. I do not expect the review to change the price in any significant way. If it does and the price falls, we will absolutely bring it down. There is a clear commitment in that regard.