The Shannon liquefied natural gas plant has received EU support.
The proposed plant, to be located between Tarbert and Ballylongford, received the backing of the European Parliament’s International Trade Committee.
Ireland South MEP Sean Kelly, who co-authored a report on the EU’s strategy for natural gas storage, was part of the committee which voted in favour of supporting the development of LNG supplies.
In the report, MEP Kelly points to a Polish example whereby a new LNG terminal there will cut the country’s dependence on imports from Russia by half.
The Kilcummin man believes Ireland could benefit in the same way by capitalising on the global LNG market and reducing dependence on the UK.
The report will come before the entire European Parliament for approval in the coming months before being agreed by Member States for action.