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Committee on Transport and Communications: Select Sub-Committee on Transport, Tourism and Sport: Rationale for Sanctioning Energy Price Increases: Discussion with Commission for Energy Regulation (11 Dec 2013)

Brendan Griffin: ...the cost of the two interconnectors between Britain and Ireland, whether they use them or not? Are they aware that such decision is jeopardising a €1 billion project in north Kerry by Shannon LNG which will create 650 jobs over four years during the construction phase and a further 50 permanent jobs? How can such a decision be good for competition and keeping down or, perhaps even...

Committee on Transport and Communications: Select Sub-Committee on Transport, Tourism and Sport: Rationale for Sanctioning Energy Price Increases: Discussion with Commission for Energy Regulation (11 Dec 2013)

Mr. Dermot Nolan: That would be fine. On the question of the Shannon LNG case, the judgment issued today, I will say two things about it. The first issue is that we took that decision, and probably given that it is in some sense still potentially sub judice in the context of the court, we believed that if we did not change the framework that existed, and we did so in accordance with...

Committee on Transport and Communications: Select Sub-Committee on Transport, Tourism and Sport: Rationale for Sanctioning Energy Price Increases: Discussion with Commission for Energy Regulation (11 Dec 2013)

Brendan Griffin: What was the rationale for insisting that Shannon LNG would have to pay for the two interconnectors it does not intend to use? How could that be good for competition and prices?