Advertisement
UK markets open in 3 hours 24 minutes
  • NIKKEI 225

    37,780.35
    +151.87 (+0.40%)
     
  • HANG SENG

    17,624.04
    +339.50 (+1.96%)
     
  • CRUDE OIL

    83.82
    +0.25 (+0.30%)
     
  • GOLD FUTURES

    2,344.70
    +2.20 (+0.09%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • Bitcoin GBP

    51,502.47
    +8.48 (+0.02%)
     
  • CMC Crypto 200

    1,391.68
    +9.11 (+0.66%)
     
  • NASDAQ Composite

    15,611.76
    -100.99 (-0.64%)
     
  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     

Shutdown at UK's Rough gas storage site could last into 2017

LONDON, July 15 (Reuters) - The closure of Britain's largest gas storage site, Rough, has been extended to March or April next year as additional tests need to be done on wells at the facility, Centrica Storage Limited (CSL (Other OTC: CMXHF - news) ) said on Friday.

Although CSL has completed testing on an affected well earlier than anticipated and has plugged it, it has identified potential uncertainties in other untested wells, it said.

"We estimate completion in March to April 2017. In the meantime because of the uncertainty as a prudent and safe operator CSL cannot inject or withdraw gas from Rough," the firm said in a statement.

However, the company is also examining whether some wells could return to service for the winter 2016/17 withdrawal season.

"CSL currently anticipates that at least 4 wells will return to service for withdrawal operations by Nov. 1, 2016," it added. (Reporting by Nina Chestney, editing by David Evans)