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South Hook plant: Pembrokeshire gas power plans on hold | South Hook plant: Pembrokeshire gas power plans on hold |
(35 minutes later) | |
Plans to build a power station at a Milford Haven gas storage plant are being mothballed by owners. | Plans to build a power station at a Milford Haven gas storage plant are being mothballed by owners. |
The UK government gave the green light to build the 500MW station at South Hook in October. | The UK government gave the green light to build the 500MW station at South Hook in October. |
But the joint owners announced on Monday that the proposal will now be deferred, due to falling prices in the energy market. | But the joint owners announced on Monday that the proposal will now be deferred, due to falling prices in the energy market. |
Building the plant would have involved several hundred workers, creating 30 permanent posts when completed. | Building the plant would have involved several hundred workers, creating 30 permanent posts when completed. |
The South Hook combined heat and power plant would have been sited at the LNG (liquefied natural gas) terminal and was due to be operational by 2018. | |
The project was a partnership involving Qatar Petroleum, Exxon Mobil and Elf Petroleum UK, who said their decision to put the plans on hold had been "difficult". | |
It is the latest blow to the area's energy ambitions, following the collapse of a deal to sell the neighbouring Murco oil refinery in November, with more than 300 job losses. |
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