Oireachtas Joint and Select Committees

Tuesday, 30 May 2023

Joint Oireachtas Committee on Climate Action

Liquefied Natural Gas and Oil Prospecting: Discussion

Mr. Gergely Moln?r:

I thank the Deputy for the gentle reminder of that question. When we are looking at Ireland, one important factor to note is that domestic production had been declining because of the Corrib field, but we also see that electricity consumption is increasing, which might put natural gas in the situation where it really needs to be the backup fuel to complement the variability of renewable energy sources. Ireland does not have natural gas storage sites that could facilitate this backup role of gas. In that regard, there is the option of diversifying gas supply sources into Ireland. This is something to be considered. Diversification of gas supply sources does not necessarily mean fossil gas sources, it can also mean low emission hydrogen and biomethane, which can be domestically sourced and as such would also strengthen further the supply security of the country.

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