Irish LNG import projects hope to defy political chill

Regasification plans look to benefit from supply security concerns despite continuing anti-gas sentiment

Jersey-headquartered Predator Oil & Gas submitted in June reports to Cork county council and to the Irish government department responsible for its marine protected area in support of its proposed Mag Mell floating regasification and storage unit (FSRU) project off Ireland’s south coast. This follows bullishness the previous month from the CEO of US firm New Fortress Energy (NFE) for its onshore Shannon LNG import project. Both firms are hoping to take advantage of growing concerns over security of supply in Ireland’s electricity network, driven by an ambitious switch to renewables and thermal plant retirements in the middle of a demand spike caused by an expansion of data centres in the