Caythorpe Gas Storage Project
With the UK currently providing only five per cent of the annual gas demand, the new £100m investment at Caythorpe will be welcomed at a national level.
The conversion of the onshore field to a storage facility, with a possible capacity of 7.5 billion cubic feet of gas storage, has now started with a view to the site being completed and operational by winter/spring 2012/2013.
The project will mean that Caythorpe will have significant withdrawal and injection capacity, complementing the nearby Rough facility offshore from Easington, which is currently the UK's biggest storage facility.
With 40 per cent of UK gas currently being supplied by foreign stocks, the long-awaited project to increase storage capacity at Caythorpe will give UK customer’s security of supply; adding a possible five per cent to the UK’s limited gas storage facilities once up and running.