InfraStrata awards FEED contract for Islandmagee gas storage project

Costain has been awarded the surface element of the Front End Engineering Design for the Islandmagee underground gas storage project in County Antrim, Northern Ireland. The project company Islandmagee Storage (IMSL), which is 90% owned by InfraStrata and 10% by Moyle Energy Investments, is developing eight caverns to store up to 500 million cubic meters of gas. Ireland receives most of its imports via a pipeine from Scotland and the EU is providing funding grant to provide energy security for the whole island.