Today’s operations
- Barrow Gas Terminal is a top tier COMAH site, employing approx. 200 staff
- The terminal supports production from Morecambe Hub, comprising Morecambe North and South, Rhyl and Calder gas fields.
- Morecambe Hub has been producing gas for 40 years: ~1.1 billion boe / ~7 tcf to date
- At its peak, the hub met around 25% of the UK’s domestic gas demand and remains a key gas asset
Current facilities
Energy transition plans
- Morecambe Net Zero (MNZ) will repurpose depleted Morecambe gas fields for carbon storage
- Largest carbon store in Europe: approx. 1 giga tonne of capacity
- Connected via pipeline to Peak Cluster, storing 40% of UK’s total cement & lime emissions, with additional shipping and rail connections
- Represents £5bn private growth investment, achieving cost benefit ratios of up to 4:1 for HMT
Future potential role
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