On February 16, Centrica, the largest gas supplier in the UK, announced that its operating profit for 2022 would reach 3.3 billion pounds (about 27.3 billion yuan), higher than the 948 million pounds (about 27.3 billion yuan) in 2021. 7.8 billion yuan), a record high. Centrico has 7.5 million subscribers in 2022, a 4% increase from the previous year.
Against the backdrop of the Russia-Ukraine conflict, energy shortages and rising costs are the main reasons for high profits for British oil and gas producers.
Energy companies rely on soaring energy prices to obtain excess profits. In 2023, the British government may impose a “windfall profit tax” of up to 14 billion pounds