Dismay as company pulls plug on Shannon LNG project

Political representatives in north Kerry are dismayed by reports that the company behind the Shannon LNG project has pulled the plug.

The development follows three years of wrangling over the operational tariffs that would be imposed on the €1bn natural gas storage plan on the Shannon estuary.

Local Sinn Féin councillor Robert Beasley said it was a “dire day” for north Kerry, as people had been waiting for construction to start to deliver a much needed boost to employment.