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Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: I now invite Professor McMullin, who is in the committee room with us, to make his opening statement.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: I thank Professor McMullin.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: That was more than five minutes, but I think Professor McMullin probably answered everybody's questions there.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: He was educated in Limerick

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: We will claim him for the mid-west.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: I think that is the first time John Holland has been referenced in the committee, and hopefully it will not be the last.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: Or the 1950s.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: I thank Professor McMullin for that and also Senator O'Reilly.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: I have three primary questions. The first is to build on the point about the massive electrification problem that we have. Notwithstanding that we need to reduce energy consumption, we are electrifying more and more, particularly in housing and transport as well. The professor talked about the need for a new grid and made a very strong case that we need to accept that, get on with it and...

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: If we are going down a hydrogen pathway, it might veer off towards methanol.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: What about LNG versus gaseous storage?

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: What I am trying to get at is that it seems to me that gaseous storage makes a lot more sense from a strategic point of view, but the next question is how quickly it could be developed and how costly it would be versus floating LNG units.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: In the long run, it might make less sense.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: My final question related to indigenous fossil fuels and the energy security argument that means we would not have to rely on the Saudis or the Russians for oil and gas.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: Okay. I thank Professor McMullin very much for that very comprehensive set of answers to my questions. We will take a second round. Senator Boylan wanted to come in.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: There is. We will-----

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: Senator Boylan may come in.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: Those are all the questions the committee has for now. It is time for lunch. It has been an incredibly interesting session and it is seldom that one person sits on that side of the table and answers all the questions. I feel for Professor McMullin but he did incredibly well. The session was thought-provoking with respect to how we go forward with our energy system and considerations of...

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: I thank Mr. Molnár for his response. We have no further questions for him. I thank him for his time this morning, or this afternoon as it is at his location. We really appreciate it. If he wishes to elaborate on some of the points raised for the benefit of the members of the committee, we would appreciate it. He can send any written responses to the secretariat.

Joint Oireachtas Committee on Climate Action: Liquefied Natural Gas and Oil Prospecting: Discussion (30 May 2023)

Brian Leddin: Methanol is a derivative of hydrogen.

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