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InfraStrata Plc in a strong position as it advances gas storage project

InfraStrata Plc (LON: INFA) CEO Adrian Pocock updates Proactive’s Andrew Scott on progress with the Front End Engineering and Design on their 100% owned gas storage project in Islandmagee, Northern Ireland.

The FEED is due to be completed in Q4 2018.

Pocock says there’s potential for a 40 year operational life compared to the 20 year life upon which the Project economics have been modelled.

He adds detailed discussions are continuing with construction financing providers in respect of Project level finance.

 

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