EDF Energy - one of the big six energy companies - has announced that its expanded gas storage site, located at Hill Top Farm, Cheshire, will be run by the company's trade arm, EDF Trading, according to an article published by Reuters.
Work on the site's first storage cavern was suspended in April - having originally been commissioned in December of last year (2011).
The site is currently undergoing further development.
EDF Energy is planning to develop a total of 10 caverns by 2017; Â together these caverns will provideÂ a storage capacity estimated to be around 1,070 GWh.
In an official statement EDF Energy commented: "When the gas plant is commissioned there will be two operational cavities with a total storage capacity of broadly 234 gigawatt hours (GWh).
"As the remaining cavities are brought into operation the facility will play a vital role in the UK's energy infrastructure.
"This arrangement will provide EDF Trading with sole access to the Hill Top Farm gas storage capacity," the statement concluded.
Latest gas and electricity news brought to you by UK Power - the energy price comparison site.
Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.