Capex Data
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Future Plans
The 2008/9 financial year will again be an active time for the business.
The Group looks forward to the introduction of joint venture partners to the Portland Project and to continuing the development and construction of the Upper Osprey site.
Portland Gas NI Limited plans to drill a borehole at Larne Lough in order to confirm the suitability of the salt sequence for the creation of caverns for gas storage and to complete the Environmental Impact Assessment. It is anticipated this will result in an application being made for planning permission during 2009.
In addition the Group will continue in its stated objective of developing an international gas storage business.