InfraStrata at next stage of Irish gas storage project
Exploration company InfraStrata will turn the Islandmagee salt deposit into a gas storage plant after securing funding from the EC
UK exploration company InfraStrata is moving ahead with its project to turn the Islandmagee salt deposit in Ireland into a gas storage plant, having secured funding from the European Commission (EC) that covers half the cost of the recent drilling operations. Core samples of rock have been sent to Germany for analysis. This will show the possible characteristics of the storage site, such as the number of caverns, how to dissolve the salt, the facility’s optimal operating pressure and so on. The expectation is that during Q4 2015 there will be enough certainty to enable a final investment decision in 2016. At that point InfraStrata will look for partners, CEO Andrew Hindle told Petroleum Econ
Also in this section
20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
20 February 2026
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
