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InfraStrata, EU reach deal to fund natural-gas storage project

( June 30, 2016, 13:04 GMT | Official Statement) -- MLex Summary: British gas storage and petroleum exploration company InfraStrata has concluded a funding agreement with the European Commission, worth more than 4 million euros. The funding will cover 50 percent of the costs associated with design commitments for a gas-storage project. The money will come from the EU’s Connecting Europe Facility, a fund designed to support transport, energy and telecom network projects.Full statement follows: ...

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