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Northern Ireland gas storage project FEED on target

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Tanks and Terminals,

InfraStrata plc, the UK quoted company focused on the development of natural gas storage capacity, has provided a progress update on the FEED of its gas storage project, County Antrim, Northern Ireland, having now achieved over 50% of the pre-established milestones.

The FEED commenced in May 2018 and is scheduled to be delivered in accordance with the EU Grant provisions by no later than December 2018. The FEED is being delivered on time and on budget. To date there have been no significant design issues that will prevent the project being constructed as planned in order to meet its key objectives.

John Wood, Chief Operating Officer, who is leading the FEED works on behalf of InfraStrata, stated: “Since I commenced working with InfraStrata in February we have made tremendous progress in terms of contracting and progressing the FEED, which is being undertaken by global experts in their field.

Reaching the EOI (Expression of Interest) stage is a significant milestone for InfraStrata as we move towards the funding and construction stage of the Project.

As FEED has progressed, I have been spending time in conjunction with the rest of the Board to realign our processes and procedures to be ready for the construction phase of the project.”

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