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Shannon LNG

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  • Registered Users Posts: 645 ✭✭✭ amadain




  • Registered Users Posts: 649 ✭✭✭ K09


    Any more developments on this? The region badly need this to go ahead!


  • Registered Users Posts: 23,533 ✭✭✭✭ ejmaztec


    ..... and drags on and on and on and on.................................:mad:
    Shannon LNG legal battle

    Judicial review into gas pipeline tarrifs set to start this Thursday

    A JUDICIAL review of the Commission for Energy Regulation's (CER) decision to impose hefty tarrifs on Shannon LNG is to get underway at the Commercial Court in Dublin on Thursday.

    Shannon LNG initiated the action in response to the publication last year of the CER's decision to impose hefty tarrifs on the company which is seeking to build a large gas terminal on the Ballylongford Landbank.
    For the communities of Ballylongford and Tarbert, the gas plant is their only hope of economic recovery - promising hundreds of jobs over the lifetime of the build and the possibility of future development attracted by its presence.
    The plans suffered a massive setback with the publication of the CER decision last year.




    Let's hope that someone gets their arse kicked.


    http://www.independent.ie/regionals/kerryman/news/shannon-lng-legal-battle-29097784.html


  • Registered Users Posts: 231 ✭✭ Outside


    Been trying to follow this story from abroad. Any new developments or scandals?


  • Registered Users Posts: 201 ✭✭ minnow




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  • Registered Users Posts: 1 Uladh Abu


    Hi Folks

    Does anyone know If this LNG plant is ever going to go ahead? I work over seas in the oil & gas industry and have been considering moving back to Ireland and buying a house in this area if the plant was to go ahead.


  • Closed Accounts Posts: 748 ✭✭✭ Axel Lamp


    Uladh Abu wrote: »
    Hi Folks

    Does anyone know If this LNG plant is ever going to go ahead? I work over seas in the oil & gas industry and have been considering moving back to Ireland and buying a house in this area if the plant was to go ahead.

    See post above yours. Stay where you are.


  • Registered Users Posts: 201 ✭✭ minnow


    Shannon LNG plant needed to ensure security of gas supply
    http://www.independent.ie/business/irish/shannon-lng-plant-needed-to-ensure-security-of-gas-supply-31166906.html

    Now just convince the government to scrap the levy they planned to impose on Shannon LNG imports which killed the project.


  • Registered Users Posts: 645 ✭✭✭ amadain


    http://www.radiokerry.ie/news/79245/

    The company behind plans to build a gas terminal in North Kerry says it hopes the Supreme Court will make a ruling in the New Year that will affect the project’s future.

    Shannon LNG wants to build a €600 million liquefied natural gas terminal on the Tarbert-Ballylongford landbank.

    In February 2014, it lodged an appeal to the Supreme Court against plans to impose a €50 million annual levy on it.

    In December 2013, the High Court upheld proposals by the Commision for Energy Regulation that Shannon LNG would pay an annual tariff for gas interconnectors which it says it wouldn’t use.

    The CER said the charges should apply to all gas suppliers because they all use the gas transmission network owned by Bord Gáis – and that the interconnectors are an integral part of this.

    Shannon LNG appealed the High Court decision to the Supreme Court which has still to give a ruling.

    The company got planning permission for the gas terminal in 2008 but it has been delayed by legal and planning matters.

    Chief executive of Shannon LNG, Paddy Power has said he is confident the project will come to fruition but says the regulatory framework will have to change if the facility is to proceed.
    It’s also seeking an investor to enable the project to progress.

    MUST be close to 'Election time' again Jimmy


  • Registered Users Posts: 1,199 ✭✭✭ Bitten & Hisses


    I've been involved in a project evaluating the feasibility of a gas network connection involving a 30km pipeline, small beer compared to the Shannon LNG project. The CER takes a fairly twisted view of things and isn't for turning.


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  • Registered Users Posts: 201 ✭✭ minnow


    http://m.independent.ie/business/irish/us-oil-giant-hess-sells-troubled-irish-gas-terminal-shannon-lng-34429271.html

    Bad news as Hess sells its stake in Shannon LNG.
    The loss of this project is especially negative given the current very low price of LNG and the start of large scale US shale gas exports. It could have been an excellent alternative source of supply to maintain a low gas price in Ireland.


  • Registered Users Posts: 14,193 ✭✭✭✭ Kerrydude1981


    Was reading about that yesterday

    Its says that the project has cost over €66 million to date

    And not a sod turned


  • Registered Users Posts: 1,265 ✭✭✭ ciarriaithuaidh


    On the face of it, as I've posted here before, it's just sickening that a semi-state body like Bord Gais get away with what is basically a bribe, thereby denying any chance of this project going ahead.

    I haven't heard a word from Jimmy Deenihan (or any other politician) on this in a long time either. So frustrating.


  • Registered Users Posts: 14,193 ✭✭✭✭ Kerrydude1981


    On the face of it, as I've posted here before, it's just sickening that a semi-state body like Bord Gais get away with what is basically a bribe, thereby denying any chance of this project going ahead.

    I haven't heard a word from Jimmy Deenihan (or any other politician) on this in a long time either. So frustrating.

    Could you imagine if it got the go ahead to start,the politician's would be all falling over themselves to get credit for it


  • Registered Users Posts: 201 ✭✭ minnow


    minnow wrote: »
    http://m.independent.ie/business/irish/us-oil-giant-hess-sells-troubled-irish-gas-terminal-shannon-lng-34429271.html

    Bad news as Hess sells its stake in Shannon LNG.
    The loss of this project is especially negative given the current very low price of LNG and the start of large scale US shale gas exports. It could have been an excellent alternative source of supply to maintain a low gas price in Ireland.

    Was it ever announced who bought out Hess' stake in the project ?


  • Registered Users Posts: 201 ✭✭ minnow


    Good news for Kerry.

    It looks like this project is getting real again. Even the tariff requirement is being dropped. Also, the buyer is the Hess stake has been revealed as an Irish investor, follow below link:

    http://m.independent.ie/business/irish/pwc-tapped-to-find-funder-for-shannon-lngs-500m-project-35621984.html


  • Registered Users Posts: 645 ✭✭✭ amadain


    It's not April first, BUT it is the INDO....pass more grains of salt please.

    revived as a result of Brexit
    which have gained traction as a result of Brexit.
    a post-Brexit trade regime could lead to tariffs being imposed on gas piped into Ireland from Britain.

    About €70m has been invested in the project to date, largely by Hesse.
    Hesse sold Shannon LNG to Sambolo Resources, a private Irish company, in November 2015 controlled by its directors, who separate accounts for Sambolo list as Paddy Power and John Power,

    Reuters Project Finance International, a highly regarded trade publication, has reported that the requirement that operators of the planned terminal contribute to the UK gas interconnector has been dropped as a result of a European draft directive granting special arrangements to LNG terminals connecting, allowing the project to proceed once a sponsor is found.

    EU authorities have designated the Ballylongford scheme as a European Project of Common Interest, meaning it could access funding from the Ireland Strategic Investment Fund and the European Investment Bank.

    600 acres of neighbouring land that is zoned for industrial development is on the market. The parcel is owned by Shannon Commercial Properties, part of the same State company that operates Shannon Airport

    Shannon LNG is designed to import gas through a 3m tonne a year (mta) terminal, with four LNG storage tanks, each with capacity for 200,000m, and a jetty big enough to handle massive 266,000m Q-max LNG carriers - named because they are the biggest ships that can dock at Qatar's gas terminal. Shannon LNG also has planning permission to build an associated 500MW combined heat and power (CHP) plant.

    Could be the greatest thing since sliced bread !


  • Registered Users Posts: 645 ✭✭✭ amadain


    eoin88 wrote: »
    Also, does anyone know if this will have an impact on biogas production, such as anaerobic digestion facilities?

    Currently in the Rep. of Ireland, there are only six anaerobic digestion plants, mostly in the south and south-east of the country, this is compared with 26 in Northern Ireland. Some of the reasons for the low level of plants in the ROI include a complex planning and licensing system with 8 different permissions required, grid connection costs, unattractive electricity tariffs, financing issues and uncertainty in waste policy. This is an area which has potential to grow, with the help of policy development and financial incentives to support the industry.

    Even more hot air


  • Registered Users Posts: 645 ✭✭✭ amadain


    Expect alot more 'hot air' from the politicians (headless chickens) falling all over themselves to take credit for this. It MUST be close to 'Election time' again ?



    Oh and btw.....

    http://www.irishtimes.com/news/politics/jimmy-deenihan-announces-departure-from-politics-1.3023964

    After 33 years in politics it was time to reinvigorate the party in north Kerry, develop new energy and get new people into the party, Mr Deenihan said. He was now going to work for the people of Kerry in a different capacity, the 64-year-old said announcing his departure from politics.

    Best of Luck JD - good to have friends in high places - hope you make your fortune from this, living in the real world.

    Wonder who's on the board of Sambolo Resources ?


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  • Registered Users Posts: 201 ✭✭ minnow




  • Registered Users Posts: 2,021 ✭✭✭ RiderOnTheStorm


    Alleluia .... Progress at last!

    Original post is 7 years old!!!


  • Registered Users Posts: 645 ✭✭✭ amadain


    Rider,
    You will know the POWER brothers, and their sister Liz Naughton (Billy).


  • Registered Users Posts: 645 ✭✭✭ amadain




  • Registered Users Posts: 645 ✭✭✭ amadain


    SHANNON LNG has a meeting in the ROSE HOTEL today.

    @kerrycoolplanet
    Wonder what these folks were up to today in Tralee???


  • Registered Users Posts: 645 ✭✭✭ amadain


    "A group opposed to the proposed Shannon LNG terminal on the Tarbert Ballylongford landbank says this fracked gas is the dirtiest type of fuel.
    Futureproof Clare are holding a series of meetings to organise stopping the proposed development.
    Anne Marie Harrington from the group says the development of the €500 million Liquified Natural Gas terminal on the Shannon Estuary in North Kerry is the biggest and most urgent threat in Irish environmentalism.
    Meanwhile the judicial review of An Bord Pleanala’s decision to give the developers a further five years to build the terminal comes before the High Court tomorrow. The Friends of the Irish Environment have brought the judicial review, and say opponents of the terminal are planning to gather outside the High Court tomorrow morning" - radiokerrynews - 28th January 2019


  • Registered Users Posts: 201 ✭✭ minnow




  • Registered Users Posts: 645 ✭✭✭ amadain


    The Shannon LNG facility added to the list of EU Projects of Common Interest !


  • Registered Users Posts: 645 ✭✭✭ amadain


    Now on the EU’s priority energy list.


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  • Registered Users Posts: 645 ✭✭✭ amadain




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