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'4.4 The Minister for Energy and Industry (Richard Harrington) welcomes the inclusion of 23 PCIs involving the UK. These, he says, comprise 21 electricity and gas interconnection and storage projects and two carbon dioxide cross-border network projects. Previously, electricity and gas PCIs based in the UK have benefited significantly, he says, from CEF grant funding.

4.5 On Brexit, the Minister observes that the UK and EU have agreed that the UK will continue to participate in EU programmes financed by the current budget (2014–20), until their closure. The eligibility of UK organisations to apply to participate in EU programmes and receive EU funding will be unaffected by the UK’s withdrawal from the EU for the entire lifetime of such projects. This would apply to projects granted PCI status and those allocated CEF grants.'...

4.19 For gas, infrastructure is generally in good shape and resilient to a number of disruption scenarios. There are, however, pockets where significant action is still needed. These are primarily in the Eastern Baltic Sea area, the Central and South-Eastern part of Europe and in the Iberian Peninsula (links with France). UK-specific PCIs include Ireland-UK, Scotland-Northern Ireland and development of the underground gas storage facility at Larne.'

Explanatory Memorandum of 21 December 2017 (document (a))

4.26 In the context of the deal reached on the first phase of the withdrawal negotiations, the Minister says:

“UK organisations should continue to bid for EU funding with the assurance that payments will continue after our departure from the EU. In respect of projects that have PCI status these would continue to be eligible to apply for, and receive, grants from the CEF energy programme and provided they meet the relevant criteria under the Connecting European Facility regulation and TEN-E regulation.”

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Reassuring regarding PCI funding beyond 2020. All looking secure

https://publications.parliament.uk/pa/cm201719/cmselect/cmeuleg/301-x/30107.htm

tend to be in possession of informed insight. Let's say they have to inform themselves of the facts to hone and perfect their political lobbying efforts otherwise their efforts would prove fruitless. I therefore always take note of what these people say and do

Which is why I take note of the following though I think it's already been posted it is worth noting its contents again -

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'The Cork LNG Terminal is proposed to have an annual import capacity of up to approximately 4 bcm of gas.

Both terminals would import fracked hydrocarbons from the United States and could be used for passthrough to the EU – instead of simply fulfilling domestic energy demands.

We can say for sure that the Shannon LNG terminal is part of a cluster of gas projects of the so-called European Projects of Common Interest, that could be subsidized with public money. At the moment, Ireland can only receive gas from the UK via the Moffat interconnector point in Scotland, but it cannot send gas to the UK.

The Shannon LNG terminal (or, alternatively, the Cork LNG terminal) would be used as an entry point for fracked US hydrocarbons with the capacity of creating a fossil lock-in for the next 30 – 50 years. Together with the planned reverse flow project at Moffat, the upgrade of the SNIP (Scotland to Northern Ireland pipeline) to accommodate physical reverse flow between Ballylumford and Twynholm and the Islandmagee Underground Gas Storage (UGS) facility at Larne (Northern Ireland), it is part of a big cluster of gas projects that would allow bidirectional flows from Northern Ireland to Great Britain and Ireland, and also from Ireland to United Kingdom'

https://www.foodandwatereurope.org/blogs/fracked-us-lng-torpedoes-irelands-dreams-of-a-fossil-free-future/

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You can see the EU plan in all its glory. Interconnectivity, security of supply, expansion of supply sources, liberalise the market to get prices down. Well, at present gas prices are on the rise across the island of Ireland. They need security and supply.

The onshore gas sector is somewhat new to many SME’s across the Territory and understanding the supply chain, phases through exploration, appraisal and development are crucial. Looking at potential procurement and buying behaviours of Operators and their major contractors will help businesses start to consider how and where their capability might fit in to the supply chain and what their businesses can do now to ensure they are well placed to take advantage of these new opportunities.

Energy Club NT will will be hosting a half day information session to educate Northern Territory SME’s and assist local businesses to best position themselves for ongoing opportunities in the oil and gas sector.

Expected outcomes:

Increase education and awareness of onshore project lifecycle and industry supply chain
Identify services that are crucial to onshore project delivery
Share information on types of procurement and buying models likely to be implemented as the industry progresses
Prepare businesses for potential opportunities
Encourage long term strategies to grow service capability of NT SME’s
Understand expected competency and safety requirements that may be different to servicing traditional offshore projects

The potential for the growth of the onshore industry in the Territory is remarkable and has been recognised as an unrivalled global precedent, rich in resources and development opportunity. Over the coming years the industry will see world-class investment in the sector through exploration and production of unconventional oil and gas. Forecasts indicate that as the industry grows, the Northern Territory will see game-changing economic growth.

With a positive decision to proceed with the development of the onshore gas industry, it is important that the industry, government and supporting businesses work together to ensure safe and responsible outcomes to benefit the Territory and also ensure businesses are benefiting from being given to opportunity to participate in service and supply of the projects as they develop.

https://energyclubnt.com.au/event-3004090

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