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Sources said that "very difficult" economic climate means that Centrica may not invest in projects. Photo: Getty Images

The energy company would have increased by a third party, with the project of Baird containing 1 United Kingdom storage capacity. 7bn cubic metres of gas and the smaller baths project Ireland Sea held m 570 cubic metres.

However, sources described the economic climate "extremely demanding.

A final investment decision is due to be taken at the beginning of next year, but it is understood that in the present circumstances, the projects would not be punished.

Due to the increasing availability of gas in liquid form available and a glut of supply on the world market, the difference between winter and summer price of gasoline has decreased .c ' is currently 10%, when to make economically viable projects, companies must increasingly affordable to 25 percent.

One of the key objectives of the coalition is to increase the security of British gas as the country becomes increasingly dependent on gas supplies 80pc importé.Autour must come from abroad, by 2020.

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