The Government has paved the way for a £600m gas storage facility to be constructed off the Barrow-in-Furness coast.
The project, known as The Gateway Project, will involve twenty new salt caverns being built under the east Irish Sea.
The caverns will be built about 750 metres beneath the surface of the seabed and located 15 miles offshore, south west of Barrow-in-Furness. It has been proposed the facilities will be connected to the National Gas Transmission System via a new pipeline to a gas compression station adjacent to the existing Morecambe gas terminals at Barrow.
Having already agreed and issued the lease for the Gateway project, The Crown Estate welcomed the decision.
The Department of Energy and Climate Change issued the first licence to the project under a new regime to encourage the construction of more gas storage.