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Shannon LNG Project (22 Feb 2012)

Pat Rabbitte: I thank the four Deputies for again giving me the opportunity to address Members of the House on this important issue. I have consistently welcomed the proposal by Shannon LNG to construct a liquefied natural gas, LNG, terminal near Ballylongford, County Kerry. Such a facility, together with the bringing onshore of Corrib gas, would provide important additional security in providing a gas...

Shannon LNG Project (22 Feb 2012)

Brendan Griffin: I thank the Minister for his reply. I acknowledge that the forum on 1 March will be welcomed by Shannon LNG. However, the mantra of this Government for the past 12 months is that we want to create jobs for our people and that we want to do everything in our power to make sure we reduce the unacceptable number of more than 400,000 people on the live register. Quite frankly, there needs to...

Shannon LNG Project (22 Feb 2012)

Pat Rabbitte: ...that the current regulatory treatment of the BGE gas interconnectors with GB will no longer be fit for purpose when new sources of gas come on stream. [It is referring to the Corrib and to the LNG project in this regard] If the system is unchanged, it will result in significantly higher gas tariffs to all gas customers, and will distort efficient economic signals for the future use of...

Shannon LNG Project (22 Feb 2012)

Arthur Spring: ...between the Taoiseach, the Minister for Communications, Energy and Natural Resource, Deputy Rabbitte, the Minister for Arts, Heritage and Gaeltacht Affairs, Deputy Deenihan and myself and Shannon LNG at which there was a lengthy discussion on what further steps could be taken to resolve this matter. Two solutions were identified, including that the parties could sit down at a table and...

Shannon LNG Project (22 Feb 2012)

Martin Ferris: ...be created thereafter. Last Friday the Commission for Energy Regulation, CER, published a draft recommendation on tariffs for gas interconnectors which would apply to companies such as Shannon LNG which states it will not use them. A public consultation process is ongoing and at last Monday's meeting of Kerry County Council Mr. Paddy Power of Shannon LNG told the council that the move...

Shannon LNG Project (22 Feb 2012)

Tom Fleming: ...that would result in a substantial proportion of the interconnection charges imposed on the direction of the energy regulator being levied on gas suppliers. Consequently, suppliers such as Shannon LNG, Corrib and Kinsale Gas were greatly affected. The Tarbert project certainly would take the main hit in this regard because the other probably have been exhausted. Moreover, when reviewing...