Islandmagee Energy - a pioneering natural gas storage facility

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Technical lecture
23 April 2019 18:00 - 20:00
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Description

InfraStrata plc’s wholly-owned subsidiary, Islandmagee Energy Limited, is developing a pioneering underground natural gas storage facility on the Islandmagee peninsula which is the terminating point of the existing Scotland-Northern Ireland gas pipeline.

In this lecture, Dave Richardson, Costain’s Project Director will describe the leaching, wellhead and gas injection / export facilities required for the project, give an insight into the design work which has been completed and provide an update on the current status of the project.

The Islandmagee facility is expected to provide over 25% of the UK’s natural gas storage capacity (based on 2018 data) and will support the growing demand for gas-fired power development and renewable energy generation throughout the United Kingdom and the Irish Republic. Once complete, the facility will consist of several underground caverns, capable of storing up to a total of 500 million cubic metres of gas in Permian salt beds, a well-proven technique that represents the most environmentally-friendly, safe and efficient method of storing large volumes of natural gas.

The Islandmagee facility is unique in being the only gas storage project in North West Europe to be awarded ‘Project of Common Interest’ (PCI) status by the European Union (EU), confirming its strategic importance to the entire continent.  Additionally, the company has obtained support from the governments of the UK (including Northern Ireland) and the Republic of Ireland; and the UK government has awarded it ‘Pre Qualified’ status for the UK Guarantee Scheme, which facilitates access to government guarantees on debt finance for 65% of the project cost.

Further details can be found at https://www.infrastrataplc.com/projects/islandmagee-energy/

 

Speaker(s)

Dave Richardson is a project director at Costain with over 30 years’ experience delivering successful results for major projects across a number of different energy sectors.

Address

Manchester Metropolitan University
John Dalton Building
Chester street
Manchester
M1 5GD
United Kingdom

Contact Details

Simon Cathery
United Kingdom
Email: Send a message

Alternative contact Julfikar Haider

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