Gas giant Centrica has ended plans for a major UK gas storage expansion after the government stated that subsidies would not be available.

Plans by the energy to construct two gas storage facilities, will no longer go ahead Centrica has announced, after energy minister Michael Fallon, confirmed that there will be no government subsidies offered for gas storage expansion.

The cancellation of the gas storage project means that hundreds of construction and maintenance jobs will no longer be created, as well as limiting the UK’s gas supplies to 21 days, far behind European contemporaries such as Germany and France, according to the gas giant.

The pull-out from UK infrastructure investment by Centrica, comes after the company turned down the opportunity to invest in the UK’s nuclear energy program.

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