Shannon LNG announced that it intends to revive its LNG regasification terminal project in County Kerry in Ireland. The €500m facility would have a regasification capacity of up to 28.3 mcm/d (10.3 bcm/year) of gas, four LNG tanks and jetties.
The project has a long history and has been discussed back in 2008. At that time, Shannon LNG (formerly owned by Hess LNG until Hess sold Shannon LNG assets in 2016) intended to develop the regasification LNG terminal and a 26-km associated pipeline in County Kerry in Ireland.
The facility was scheduled to be completed in 2011-2012, at a cost of €400m. In February 2009, the Shannon Pipeline received planning permission from An Bord Pleanála. But the project has been frozen because of a row over pipeline fees; Ireland's energy regulator asked Shannon LNG to pay a US$54m levy for the interconnection of pipelines between Ireland and the United Kingdom which the company did not claim to use. Later on, Hess LNG pulled out of the project.
In the wake of the Brexit, Ireland is trying to secure its supplies and the County Kerry LNG terminal project is back on track.
Interested in LNG Databases?
World LNG Database offers a complete set of data on LNG markets. The service provides detailed information on existing and planned liquefaction and regasification plants. It also includes LNG shipping around the world, LNG contracts, time series on regasification and liquefaction capacities, LNG flows and LNG prices for all players in the market.