A report commissioned by the European Climate Foundation states that the Shannon LNG project is not needed to ensure security of energy supply.
The report states that new gas infrastructure projects would be a waste of EU funds.
Ireland South MEP Mick Wallace says the report carried out by French consultants Artelys for the European Climate Foundation shows how Fine Gael are unwilling to listen to scientific argument and that pushing forward with Shannon LNG – which he describes as environmentally damaging – was a joke.
Critics of LNG say the development would process fracked gas imported from the United States.
The outgoing government has backed Shannon LNG’s inclusion in the EU’s list of projects of common interest which would enable such projects to seek EU funding.
The planned liquefied natural gas terminal for the Tarbert-Ballylongford landbank is among 32 projects contained in a projects of common interest list published by the European Commission last November. According to the report by Artelys, the list contains 32 proposed developments including 23 pipelines projects, four underground storage facilities and five LNG terminals which would cost a total of €29 billion.
Advocates for LNG say the project is vital for job creation in North Kerry and that gas is still needed while we transition from fossil fuel to renewable energy.