Shannon estuary gas terminal would cut prices, say promoters

The promoters of a delayed €600m gas terminal proposed for the Shannon estuary have claimed the development would create “real competition” in Irish gas prices.

Shannon estuary gas terminal would cut prices, say promoters

Shannon LNG has been granted planning permission for a site on the Tarbert/Ballylongford landbank, in north Kerry, but work is on hold pending a decision from the Commission for Energy Regulation.

The project was announced in May 2006 and since then, promoters have invested almost €50m in securing planning and other permits. The project would create up to 600 construction jobs, and around 50 jobs when completed.

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