Oireachtas Joint and Select Committees

Wednesday, 21 February 2018

Joint Oireachtas Committee on Transport, Tourism and Sport

Engagement with Chairpersons Designate of Public Bodies

9:30 am

Mr. John Mullins:

In my deposition I stated that NextDecade Corporation approached the Port of Cork. It identified the port as a location for a floating storage regasification unit, which is a different form of technology from the technology proposed in Shannon LNG, which has been established for at least a decade at this point. Clearly, the opportunity for us is increased income and increased movements of ships to the tune of approximately 2 million tonnes, which would be a 20% increase in traffic. I have a knowledge of the gas sector and I have no doubt those two projects will be competing projects. They are two different forms of technology. We are not involved in the development or the investment case. We are primarily a facilitator in the same way as Ballylongford at Shannon Foynes would be a facilitator for Shannon LNG.

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