Oireachtas Joint and Select Committees

Tuesday, 30 May 2023

Joint Oireachtas Committee on Climate Action

Liquefied Natural Gas and Oil Prospecting: Discussion

Photo of Brian LeddinBrian Leddin (Limerick City, Green Party) | Oireachtas source

I have one question of my own on the characteristic of LNG. As I understand it, LNG cannot be stored for any great length of my time. Is it true that countries which are building LNG facilities are not really building it for storage? It is certainly not for medium- or long-term storage; it is for very short-term storage. The only way LNG can really work is if it operates in the commercial market and not as strategic storage. Mr. Molnár might address that.

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