13th Feb 2020 14:37
(Alliance News) - Natural gas storage firm InfraStrata PLC on Thursday said a public consultation related to the issuing of a marine licence for its Islandmagee project in Northern Ireland has been extended again.
The consultation period, which will now run until March 27, was extended by the company and the the Northern Irish Department of Agriculture, Environment & Rural Affairs.
InfraStrata on Friday last week said the consultation was extended to March 23 due to the amount of public interest shown in the gas storage project.
The company, which has a draft marine licence, said the initial consultation extension to March 23 was not expected delay the process to attain a full marine licence.
Chief Executive Officer John Wood said on Friday: "We are delighted with the positive response that we have received during the consultation process. In order to accommodate further requests to attend and learn more about the project, we have decided to extend the process.
"We remain confident that the marine license will be issued following due process. The extensive scientific work undertaken on the project clearly indicates that the project will comply with the regulatory framework that is currently in place."
Shares in the company were 0.9% higher at 0.28 pence each in London on Thursday afternoon.
By Eric Cunha; [email protected]
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