In May 2021, the Government approved the ‘Policy Statement on the Importation of Fracked Gas’ which states “pending the outcome of the review of the security of energy supply of Ireland’s electricity and natural gas systems, it would not be appropriate for the development of any LNG terminals in Ireland to be permitted or proceeded with”. The statement remains in place until the review of Energy Security has been completed in full, following consideration by Government on the optimal approach to deliver a Strategic Gas Emergency Reserve.
My Department, in consultation with Gas Networks Ireland, the transmission system operator, will complete a detailed examination of the optimal approach to deliver the emergency gas reserve. I will return to Government for a final decision on this in Q2 2024.