Long delayed €500m gas terminal on Shannon Estuary back on after deal struck
August 24, 2018
Project expected to support 400 jobs at peak construction and 100 jobs once operational
A long delayed €500m gas terminal on the Shannon Estuary is back on after US based New Fortress Energy struck a deal to buy the business with full permission.
New Fortress has agreed to buy the Shannon LNG project at Ballylongford, close to Tarbert in Kerry. The site has planning in place for a deep-water jetty, storage facilities for liquefied natural gas (LNG) and connections to the Irish national gas network.