Natural gas Natural gas Natural gas is a naturally occurring hydrocarbon gas mixture consisting primarily of methane, but commonly including varying amounts of other higher alkanes, and sometimes a small percentage of carbon dioxide, nitrogen, hydrogen sulfide, or helium. It is formed when layers of decomposing plant and animal matter are exposed to intense heat and pressure under the surface of the Earth over millions of years. The energy that the plants originally obtained from the sun is stored in the form of chemical bonds in the gas. Natural gas is a fossil fuel used as a source of energy for heating,
Phoenix Natural Gas Energy Limited (its Republic of Ireland supply business) for £19.1 million. Terra Firma sold Phoenix Natural Gas to Hastings Funds Management (now re-branded Vantage Infrastructure) in 2013 for £700 million. The Utility Regulator in October 2015 set out a proposal to extend the licence area of Phoenix Natural Gas to include 13 new towns at an expected cost of £58 million. Phoenix Natural Gas Phoenix Natural Gas is the largest gas distribution business in Northern Ireland, being the owner and operator of the licence for the distribution network in the Greater Belfast area. The distribution business is responsible for the