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The Gateway Project
Gateway Storage Company Ltd plans to build an underground natural gas storage facility in the East Irish Sea, approximately 25 km (15 miles) offshore, south west of Barrow-in-Furness. Storage caverns will be developed in a natural salt structure below the seabed and will enable gas to be delivered, stored and then returned to the UK´s national transmission system.

The offshore facility will provide a significant boost to the security of energy supply in the UK gas market and will help
to meet the strategic energy policy objectives of the UK government. When completed, the caverns will have a working capacity of 1.512 billion standard cubic meters (~559 million therms), adding nearly 30% to the current gas storage capacity in the UK market .
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Having secured the necessary planning permission, the Gateway project is scheduled to commence construction in 2011 and the first gas storage services will be available in 2014.
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The development, construction and operations of the Gateway project
is managed by UK energy firm
Stag Energy.
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Stag Energy’s executive team has extensive experience of developing, building and operating major energy facilities in the UK and overseas.
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The need for Gas Storage
Over the past 40 years, the UK has become reliant on gas for a major portion of its energy supply. This situation has evolved as the UK had plentiful, low cost supplies of gas that were easy to access from the North Sea and the Irish Sea.

These reserves are now declining and the UK is increasingly dependent on gas imports, mainly from sources such as Norway, Russia and the Middle East. It is predicted that by 2018, over three quarters of the UK’s gas needs will be met by imported gas. more...