UK Oil & Gas (UKOG) has announced that the Company s planned strategic Dorset and Yorkshire Hydrogen Storage projects have received a letter of support ( LOS ) from Summit Energy Evolution Ltd ( SEEL ), a wholly owned subsidiary of major Japanese trading conglomerate Sumitomo.
UK Oil & Gas PLC (AIM:UKOG), the energy group, saw its shares jump by as much as 30% on Wednesday as it moved one step closer to receiving a government.
UK Oil & Gas PLC on Wednesday said it received a letter of support for its planned Dorset and Yorkshire hydrogen storage projects from Summit Energy Evolution Ltd.
The London-based energy exploration.
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UK Oil & Gas and its wholly owned subsidiary UK Energy Storage ( UKEn ) met with the Minister of State for Energy and Climate, the Rt. Hon. Graham Stuart MP to discuss alll areas of UKEn s energy storage hub project at Portland Port in Dorset.