Government approves plan for offshore emergency gas reserve

The Irish Government has approved the development of a state-led liquefied natural gas (LNG) terminal, aiming to bolster the country’s energy security. Minister for Transport, Environment, Climate, and Energy, Darragh O’Brien, presented the proposal to the Cabinet, receiving the green light for this strategic initiative.

The planned facility, envisioned as a floating storage regasification unit (FSRU), will be situated at a coastal location. Its primary function is to serve as an emergency gas reserve, ensuring a reliable supply during potential disruptions, especially as Ireland transitions towards renewable energy sources.

This decision marks a significant shift in Ireland’s energy policy. Previously, the government had imposed a moratorium on LNG terminal developments due to environmental concerns, particularly regarding the importation of fracked gas. However, legal constraints under European Union laws have made it challenging to differentiate between fracked and non-fracked gas imports.

Addressing these complexities, Minister O’Brien acknowledged that distinguishing between types of LNG imports would be contrary to EU procurement law. Consequently, the procurement of gas for the terminal will be managed by Gas Networks Ireland (GNI), aligning with legal guidelines.

The establishment of this LNG terminal underscores the government’s commitment to safeguarding Ireland’s energy infrastructure. While the nation advances towards a sustainable energy future, the necessity for a dependable gas reserve remains critical to mitigate potential supply interruptions.