Monday, 13 February 2012
The partnership behind the Corrib Gas project is to invest another 800m to bring it to completion between now and late 2014.
Shell E&P Ireland claims the investment will sustain 700 direct jobs and 750 indirect jobs in that period. It says when complete the project will supply 60% of Ireland’s gas needs.
The controversial project has been under construction since 2004 and trenchant opposition from groups opposed to the project has kept it in the headlines since.
However, seven years on Shell will soon begin the final phase of the project. The company says this means further investment and “continued high levels of employment” in northwest Mayo.
Managing Director of Shell E&P Ireland Michael Crothers confirmed that it will spend another 800m on completing the project by late 2014.
The sea bed wells and pipeline are complete and the terminal is almost complete.
The final phase of work will focus on connecting the deep sea pipe to the terminal via a second pipeline to be contained in a tunnel under Sruwaddacon Bay.
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