[arista]

CEO Chris O'Shea
British Gas (Centrica)


[The UK's largest gas storage facility could
be closed if the government does not help
support a redevelopment of the site,
the boss of the company which
owns it has told the BBC.
Centrica chief executive Chris O'Shea told
BBC One's Sunday with Laura Kuenssberg
programme that its Rough storage
facility would be "shut down"
without government
help over energy pricing.

Centrica - which owns British Gas - says the
site is set to lose £100m this year,
and it wants to invest £2bn in the
facility so it can use it to store more gas,
including hydrogen.
The government said the future of
Rough was a commercial decision
for Centrica but it was open to
discussing proposals.

The Rough facility is off the
coast of East Yorkshire,
and accounts for about half
of the capacity the UK has
to store gas.

It was closed in 2017, but then partly
reopened in October 2022 following
the energy crisis triggered by
Russia's invasion of Ukraine.]


https://www.bbc.co.uk/news/articles/c0mrwdzvrmzo