« BackFormer chief executive of Shannon Development questions whether Shannon LNG will ever happen

The former chief executive of Shannon Development has said he’s sceptical that the Shannon LNG project will ever happen.

shannon LNG

The plan for the liquefied natural gas terminal on the Tarbert-Ballylongford landbank was announced 10 years ago.
The Shannon LNG project is currently before the Supreme Court, which is due to rule on an issue involving tariffs to be charged by the regulator.

If the €60 million project were to proceed, it would create up to 50 permanent jobs as well as hundreds during construction.

Dr Vincent Cunnane was chief executive of Shannon Development for seven years and he’s told the Limerick Leader, that the failure of Shannon LNG to get off the ground, ranks as his biggest disappointment.

He’s told journalist Nick Rabbitts that although planning permission for the project was secured though a fast-track process, securing a foreshore licence was more difficult.

Dr Cunnane asked where would Ireland get natural gas from once Britain leaves the European Union.

He also wondered whether the project would have been better served if there had been more controversy surrounding it as it would have raised the profile of the development.

Dr Cunnane, said the Corrib gas field in Mayo is now pumping, despite major opposition.