Centrica Says UK Rough Gas Storage Could Be Ready for Winter
- UK energy company is working hard on storage return: CEO
- Rough storage capacities will be brought back gradually
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Britain’s biggest natural gas storage site could be restored in time for winter, a move that would help secure supplies for heating as Russia curbs flows of the fuel to Europe.
Centrica Plc, the owner of the Rough facility, is still hammering out a deal with the government on details including subsidies for getting the retired storage site back in regular operation. Capacity would be brought back gradually, providing further relief for surging gas prices next winter, too.