US firm to reapply for planning for Shannon LNG terminal
New Fortress Energy says terminal would address impending energy shortage, but government says it is incompatible with climate goals
It would not be appropriate for a US energy infrastructure developer to push ahead with its plans to build a €650 million liquefied natural gas (LNG) terminal along the Shannon estuary, the government has said.
On Tuesday last week, Shannon LNG, a subsidiary of New Fortress Energy, announced it would submit a new planning application to develop a large scale LNG terminal and power plant on a 600-acre site near Tarbert, Co Kerry.
The Business Post understands the firm will formally submit its application by the end of the summer.