Corrib Gas bill set to top €3bn

The rising bill on the Corrib Gas project is to top almost €3bn before the end of next year, new figures show.

The company driving the initiative, Shell E&P Ireland Ltd (SEPIL), yesterday confirmed that the Corrib Gas Partners last year spent a further €270m on the project.

A spokeswoman for SEPIL said a further €250m will be spent on the project this year, with the same sum due to be spent by the partners in 2013.