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Ballylongford Landbank (11 Jul 2012)

Arthur Spring: ...from Kinsale. The Corrib gas field was coming on stream and at the time the regulator was under no illusion about having to put a tariff in place. In 2006, Hess Engineering, along with Shannon LNG, looked at developing the Ballylongford site for the purpose of a gas LNG plant which would bring an investment of between €600 million and €1 billion to our country. This would bring...

Ballylongford Landbank (11 Jul 2012)

Pat Rabbitte: ...and the future gas transmission tariff regime. I trust that this high level decision provides a degree of regulatory certainty that has been sought by all stakeholders, including Shannon LNG. I have consistently welcomed the proposal by Shannon LNG to construct a LNG terminal near Ballylongford, County Kerry. Such a facility, together with the bringing onshore of Corrib gas would provide...

Ballylongford Landbank (11 Jul 2012)

Arthur Spring: This matter must be resolved. To put it in context, under the strategic infrastructural planning rules in this country, in 2006 Shannon LNG achieved planning permission within six months. However, it took the regulator 18 months to analyse that decision and now it seems that it will be 2014 before any project gets off the ground. There is no certainty surrounding this and for anybody...

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