Our gas supply is at risk as UK quits the EU

For an oil and gas explorer, the news that the Brexit referendum result was a “seismic” shift in favour of Leave made compelling reading. Brexit is a timely reminder of the potential future energy issues that might be faced by the island of Ireland.

These issues are all the more important because Ireland is connected to the UK energy market via gas and electricity interconnectors.

The UK is currently part of the larger EU energy market. However there is no absolute guarantee that this market relationship will function in the same way after Brexit, should trade tariffs be re-introduced as a result of political bargaining.