Monday July 13, 2020

Shannon gas import terminal could waste billions, European report finds

The proposed project is not necessary for energy supply security as a reduction in demand is predicted, say researchers

Daniel Murray

Business Reporter

26th January, 2020

The proposed Shannon Liquefied Natural Gas (LNG) import terminal in Co Kerry is “not relevant” to Irish or European security of gas supply, according to new research by European data consultancy Artelys.

The report found that the majority of the 32 proposed gas projects on the European Projects of Common Interest (PCI) list – including Shannon LNG – were not necessary based on future gas demand and could result in tens of billions...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Increasing the proportion of biofuels in diesel and petrol would be a low-cost and quick way to cut transport emissions, says James Cogan of Ethanol Europe

Daniel Murray | 1 day ago

Study finds climate change poses danger to homes bought over past ten years, particularly in Louth and Clare

Daniel Murray | 1 week ago

Firms would sign contract for exclusive use of fleet of bikes or electric bikes, under new corporate offering

Peter O'Dwyer | 1 week ago