€200m State loss if gas project abandoned

THE state will lose at least €200 million if the €1bn Corrib gas field project is abandoned following a controversial Bord Pleanála decision.

Earlier this week, the board refused exploration company Enterprise Energy Ireland (EEI) permission to build a €150m gas treatment plant at Bellanaboy in north Mayo.

EEI is reviewing the entire project and its future is now in doubt.