London—Dentons has advised Centrica Storage Limited ("CSL"), a wholly-owned subsidiary of Centrica plc, on its entry into construction, tie-in and processing arrangements with the Tolmount joint venture and infrastructure partners (Premier Oil, Dana Petroleum and Humber Gathering System Limited) to process gas from the Tolmount field in the Southern North Sea.

The processing contract, worth at least £120 million, will extend the life of CSL’s gas terminal at Easington on the East Yorkshire coastline until at least 2030. CSL will start to process the gas in winter 2020, when the field is scheduled to come on stream, following modifications to enable the terminal to receive and process the gas from the Tolmount field. The Tolmount gas field has an estimated 500 billion cubic feet of gas reserves and could produce up to 300 million cubic feet of gas per day – enough to supply around 2.5 million homes.

David Tennant, Energy partner at Dentons who advised on the deal, said, “We’re pleased to have advised CSL on this project, which reinforces the Easington terminal's position as a strategic gas processing hub for the Southern North Sea."

Alongside David Tennant, Dentons senior associate Mark Armitage and associate Liam O'Flynn also advised on the project.