UK's largest gas storage 'will close down' next year unless Labour intervenes, owners warn

1 sources1 storiesFirst seen 7/23/2026Score26Mixed Progress

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UK's largest gas storage 'will close down' next year unless Labour intervenes, owners warn.

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The UK's largest gas storage site will close next year without Government intervention, the owners have warned.Centrica, which operates the Rough gas storage facility in the North Sea, has said it will not seek to continue production beyond April 2027.

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Without a £2billion redevelopment, the "important strategic asset" is at the limit of what it can deliver, said chief executive Chris O'Shea.

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Centrica says an expanded facility would bolster UK energy security, lower our exposure to volatile prices and support jobs.

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TRENDING Stories Videos Your Say But it wants price guarantees on its gas from the Government to ensure the expansion is economically viable.

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A: UK's largest gas storage 'will close down' next year unless Labour intervenes, owners warn.

B: The UK's largest gas storage site will close next year without Government intervention, the owners have warned.Centrica, which operates the Rough gas storage facility in the North Sea, has said it will not seek to continue production beyond April 2027.