By Gordon Deegan
Monday April 25 2011
SHELL Ireland has received a further cash injection of 60 million from its parent company to complete the Corrib gas field project.
This brings to 190m Shell E&P Ireland Ltd (SEPIL) has received in additional cash in recent months as it prepares to wrap up the final phase of the project, that includes the construction of a 5km tunnel to bring gas ashore in north Mayo.
Documents recently filed with the Companies Office show that this has brought SEPIL’s share capital to 614m.