Corrib gas field shareholder’s revenues almost double to €332.7

Nephin Energy, which owns a 43.5 per cent stake in the Corrib gas field, had revenues of €332.7 million in 2022, up from €180 million in 2021.

The company also paid out a dividend of €200 million to its owner, the Canada Pension Plan Investment Board, up from a dividend of €72.5 million in 2021.

The company had a pre-tax profit of €176.5 million, substantially higher than the 2021 profit of €85.5 million. It had ...