Page 12 - GLNG Week 38 2022
P. 12

GLNG                                              EUROPE                                               GLNG





       Ireland reconsiders





       stance on LNG imports






        IMPORT           IRELAND’S government has unveiled a fresh   A member of the Green Party, Ryan has been
                         set of potential measures to shore up its energy  a vocal opponent of LNG imports, including
                         security in the years to come, stating it may drop  projects that have been proposed by UK-listed
                         its opposition to LNG imports and develop gas  Predator Oil and Gas and US LNG developer
                         storage.                             New Fortress Energy. Both projects have been in
                           The Department for the Environment, Cli-  the pipeline for some time, failing to make pro-
                         mate and Communications said on September  gress because of a lack of government backing.
                         19 it had launched a consultation that day, seek-  Predator said on September 20 it would take
                         ing the views of interested parties on the options  part in the consultation process, which will con-
                         it is considering. Those options include obtain-  tinue until October 28, presenting its plan for the
                         ing a floating LNG (FLNG) terminal and gas  Mag Mell floating storage and regasification unit
                         storage facilities – but this infrastructure would  (FSRU).
                         only be put into operation if there is “a material   “The public recognition that FSRUs are being
                         risk of demand disruption.”          considered as an option for Ireland’s security
                           Ireland’s three-party government has resisted  of gas supply during the energy transition is a
                         calls to back LNG imports, even though natu-  major breakthrough for the company and its
                         ral gas accounts for a third of its energy mix and  shareholders,” the company’s chairman, Paul
                         three-quarters comes from a single pipeline from  Griffiths, said in a statement.
                         the UK. The remainder comes from the Corrib   The revelation that the government will con-
                         gas field off Ireland’s west coast, where output is  sider LNG imports as an option comes after it
                         falling and is due to cease completely at around  launched a review of its energy policy in April
                         the end of the decade.               in light of spiralling gas and power costs and the
                           “As we transition to a net-zero emissions  risk of shortages this coming winter.
                         future, we must ensure that our pathway of   Among the other measures it proposed this
                         decarbonisation is underpinned by both afforda-  week was the construction of a 700-MW power
                         bility and, critically, security in how we access  link to France, complementing the existing
                         and use energy at all times, including times when  Celtic interconnector, and the development of
                         there might be demand risk or disruption,” Irish  360 MW of extra pumped storage hydroelectric
                         Minister for the Environment, Climate and  capacity and increased secondary fuels storage.
                         Communications, Eamon Ryan, said in a state-  It is also looking at converting a combined-cycle
                         ment. “It is essential that we have reliable sources  gas turbine plant to use hydrogen.
                         of energy, including adequate gas and electricity   The government is also weighing up new leg-
                         storage, so that consumer and business confi-  islation covering gas storage, renewable gases,
                         dence in our economy and in our energy infra-  extra battery storage and gas and power demand
                         structure remains strong.”           response measures.™





























       P12                                      www. NEWSBASE .com                      Week 38  23•September•2022
   7   8   9   10   11   12   13   14   15   16