Corrib gas plan to cost €3.6bn

The costs of the Corrib gas project are set to top €3.6bn in 2015 when gas is finally expected to flow from the field.

The Corrib partners have spent an additional €340m on various aspects of the project this year and next year anticipate that a further €250m will be spent.

This follows an outlay of €330m on the project in 2013, bringing the total projected spend over the three-year period to €920m.