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

Eamon Ryan: concern over power supply gap. Picture: Rollingnews

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.