Dáil Éireann Debate, Thursday - 18 September 2014
255. Deputy Brendan Griffin asked the Minister for Communications, Energy and Natural Resources his plans to assist the Shannon liquefied natural gas project progressing; and if he will make a statement on the matter. [34968/14]
Amharc ar fhreagraSince 2002, the regulation of the gas market has been the responsibility of the Commission for Energy Regulation (CER), which is independent in the performance of its functions. I have no direct statutory function in relation to liquefied natural gas (LNG) projects, including specific projects such as the Shannon LNG project.
I and my Government colleagues have consistently been supportive of the proposal by Shannon LNG to construct a LNG terminal near Ballylongford, Co. Kerry. The LNG facility would provide additional security of supply to Ireland in that it would bring diversity to Ireland's supply sources and would bring connectivity for the first time to the global LNG market. The prospect of such a facility is therefore a potentially positive step for the island of Ireland.
The timing of an investment decision by Shannon LNG is a commercial decision for the company.
