RE: Islandmagee9 Feb 2023 09:31
Citizenlane ref 09.15 post the only figures I have seen are from 2019 and relate to revenue. At the time it was calculated that the annual storage charge would be £50m once all seven caverns were filled. I do not recall seeing any figures for any charge for extracting the gas or initial deposit. Correctted for inflation the charge would be £56,437,177.12. However, allowing for the construction of the caverns and the increase in value of the project I would give a value of between £100m and £180m.