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Press Release - 23rd September 2011


Islandmagee Storage Limited announcement


Moyle Energy Investments (part of the Mutual Energy group), together with independent gas storage and petroleum exploration company InfraStrata plc are partners in Islandmagee Storage Limited (IMSL). IMSL is developing a project to build a gas storage facility below Larne Lough.

InfraStrata has made an announcement today (22nd September) in relation to the project. For further information visit the Islandmagee Storage Limited website www.islandmageestorage.com.

 

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Notes for editors

1. The proposed storage facility is designed to store 500 million cubic metres gas in seven caverns to be created at a depth of 1,500 metres within a Permian salt sequence below Larne Lough. The facility will be the largest on the island of Ireland and is designed to supply up to 5% of UK and Ireland demand on a peak day. Further information is available on the project website www.islandmageestorage.com

2. For further information contact Owen McQuade, Lagan Consulting 028 9261 9550 or (mob) 07967 094494.