RE: Corrib gas / hydrogen3 Nov 2023 15:26
Maya,
My point was, no credible company bluffs when they can or cannot release quarterly results, it's like insane but the price you pay for HARL amongst others.... . Thought I'd reply.
Si,
You're missing the point. When there are plenty of existing and more attractive potential storage locations that don't require a SNIP reversal at the tax payers cost, why would you bother?
To reverse the SNIP which is owned by Mutual Energy, you first need a framework and associated scoping to see if it's even commercially viable or attractive / needed. Once that has happened then you're into the realms of a PC and funding. End to end that would take about 2-4 years at best.
The single one and only reason they'd do that is if they needed to. They don't. Not even on the radar, why do you think that is?