Legal wrangle sees Hess pull out of Euro 1bn gas plant plan on Shannon

Giant oil company Hess is to pull out of its billion euro plan to build a liquefied natural gas plant in the Shannon estuary.

Barry J Whyte

Chief Feature Writer @whytebarry
20th July, 2014

Giant oil company Hess is to pull out of its billion euro plan to build a liquefied natural gas plant in the Shannon estuary, which has been held up by years of legal wrangles.

Hess is the sole shareholder in Shannon LNG, an Irish company which is building a specialised gas treatment plant in the Shannon estuary, the purpose of which is to take in deliveries of liquid gas from ocean-going tankers, turn the liquid...

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