Energy

Texas firm may develop floating gas facility in Cork harbour

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Port of Cork and Pilot LNG made a joint submission to the government’s energy security consultation last week

The Port of Cork has signed a heads of agreement with a US firm to explore the possibility of setting up a floating liquefied natural gas (LNG) facility in Cork harbour, the Business Post has learned.

Pilot LNG is a Texas-based energy company that specialises in the development of LNG terminals. The Port of Cork has signed a provisional contract with the firm to explore the logistics of acquiring a floating LNG facility which would ...