Oireachtas Joint and Select Committees

Tuesday, 30 May 2023

Joint Oireachtas Committee on Climate Action

Liquefied Natural Gas and Oil Prospecting: Discussion

Photo of Richard BrutonRichard Bruton (Dublin Bay North, Fine Gael) | Oireachtas source

I thank Mr. Molnár for the very interesting presentation. The reality is that no member state wants to see its lights switched off or its industry closed down on the path to net zero.

This year we have had to invest in diesel generators to avoid security risks in Ireland. What choices would enhance our security of supply, other than considering some gas storage?

How do we minimise the risk that measures we take now to enhance security will embed bad trends for the longer term? For example, have other countries that have created LNG storage capacity made those facilities storage-only, are they run by the state and preserved in aspic, so to speak, until they are needed or are they commercially operating LNG terminals that regularly supply LNG? What range of security options should Ireland consider to avoid embedding bad practices, while at the same time protecting our consumers on this challenging path with so many uncertainties?

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