Oireachtas Joint and Select Committees
Wednesday, 16 December 2015
Joint Oireachtas Committee on Transport and Communications
Additional Uses of Natural Gas: Gas Networks Ireland
9:30 am
Mr. Liam O'Sullivan:
From our perspective, we are already connected to the UK which is one of the most liquid markets anywhere in the world. Its availability and security of supply is very strong as it is. As Mr. O'Sullivan mentioned earlier, we will have the Corrib gasfield coming on stream, which has the potential to give us additional resources in terms of an indigenous source of natural gas. Our position has never been stronger in that regard.
There is a range of additional opportunities out there, including liquified natural gas, LNG, with storage that has to be built up. We will be looking at those opportunities also. From a security of supply viewpoint, we feel we are in a strong position, probably in a stronger position than most other fuels.
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