State-owned, non-commercial LNG terminal is mooted as part of energy security review

Creation of gas storage capacity and conserving some Corrib gas for emergencies are also raised as possible strategies by review team

Gas storage: one of the options under consideration in a review of Ireland’s energy security is believed to be the building of a “non-commercial” LNG terminal.

A state-owned non-commercial LNG terminal, the creation of significant gas storage capacity, and payments to the operators of the Corrib gas field to leave gas in the ground for any potential future emergencies are being considered as part of the state’s review of Ireland’s energy security.

The review, which is being carried out by the Department of Environment, Climate and Communications, was first commissioned in 2019 by then minister Richard Bruton to assess the security ...