RE: Becoming interesting - the latest from New York25 Sep 2023 17:30
A key option raised was the construction of a floating LNG facility that would operate during periods when there is a risk of disruption to supply. It also put forward the development of strategic gas storage.
It did not recommend the use of a fixed LNG terminal (which would be more permanent than a floating one) or commercial operation of LNG infrastructure, stating that “the introduction of commercial LNG would likely result in the importation of fracked gas to Ireland” and that “this would be in direct contradiction to the Government’s opposition to the use of natural gas produced from fracking”.
Ryan said that the government’s review is likely to recommend the same measures as the CEPA report.
“What it said, I think, is probably what what we’re likely to recommend: that we need some sort of strategic short-term storage – not commercial, but state-led – just in the event that anything happened on a pipeline or whatever, we’ve got a back-up supply,” he said.