Seanad debates

Wednesday, 1 June 2011

3:00 pm

Photo of Ned O'SullivanNed O'Sullivan (Fianna Fail)

Will the Leader arrange an emergency debate on energy provision and security and ask the Minister for Communications, Energy and Natural Resources, Deputy Pat Rabbitte, to come to the Chamber and make a statement on ongoing difficulties in a major project in the mid-west? The Shannon LNG project, which is under the auspices of a multinational energy provider, the Hess Corporation, is well advanced. Millions of euro have been spent in developing a site on the Shannon Estuary in north Kerry.

Comments

John McElligott (Safety Before LNG)
Posted on 2 Jun 2011 11:53 pm

This comment has been deleted

John McElligott (Safety Before LNG)
Posted on 8 Jun 2011 6:25 pm (Report this comment)

The issue to be really addressed here will be if the state waives the levy on Hess LNG/Shannon LNG for the interconnector, this could amount to state support of up to 22.5 million euros per year at a cost of a 15% rise in gas prices to the consumer. This is a strategic question that will have to be answered at a national level as it will amount to a subsidy of up to 450,000 for each of the 50 long-term jobs ultimately created by the project. This will also be at the cost of the sterilisation of the entire Shannon Estuary for sustainable strategic maritime port development.

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