InfraStrata PLC, an AIM listed gas storage company with interests in Northern Ireland and the greater UK. The offtake agreement with Vitol is a ‘turning point’ for the company, according to the CEO John Wood. He explains the business model and how he sees shareholders getting paid for an investment. Wood also talks about the risk free environment around the manual process of bringing in the gas with money being made on the trading side of the transaction. The recent news has come despite Brexit and the company’s board consider that Vitol sees an opportunity whatever the outcome in those political negotiations that the UK government is undertaking with the EU.
