[holding answer 2 April 2009]: I have not made any such assessment. However, the facilities on Anglesey and at Preesall would make a valuable contribution to the security of the UK's gas supplies if they were to come forward.
[holding answer 2 April 2009]: The Preesall gas storage facility would potentially provide approximately one billion cubic meters of gas storage capacity, making a valuable contribution to UK gas supplies. The proposed liquefied natural gas (LNG) facility on Anglesey would provide a welcome increase in the amount and diversity of the UK's gas import capacity.
[holding answer 2 April 2009]: The current financial climate makes raising funding for gas storage developments, like other projects, more difficult for some smaller developers but this is less of an issue for the larger ones. We are working closely with the industry to ensure that they make the most of alternative funding sources including the European Investment Bank.