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Article: Eon gas storage is going to earth.(Business)
- Article from:
- The Birmingham Post (England)
- Article date:
- August 18, 2006
CopyrightCOPYRIGHT 2006 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Eon has announced plans to build a new underground gas storage facility in UK in an attempt to combat soaring energy prices and dwindling gas reserves.
The energy group - which owns Powergen and Central Networks in the Midlands -said it submitted a scoping application for the new facility near Aldbrough in East Yorkshire.
Dr Paul Golby, chief executive of Eon UK, said: "There is an urgent need for more gas storage in the UK as production from the North Sea ...