Court ruling a setback for a project which has overrun on costs and time… at least nine years behind schedule… Work remains suspended on tunnelling this final section of pipeline…
By Lorna Siggins: Wed, Oct 16, 2013
Shell E&P Ireland Ltd (SEPIL) has played down the significance of yesterday’s Commercial Court decision quashing an emissions licence for the Corrib gas terminal, but the ruling is a setback for the €3 billion project.
Were the project not at least nine years behind schedule, the setback would be far more significant.
However, the lead developer has already conceded that it could be early 2015 before gas is flowing commercially from the field – and that was before last month’s (sept) fatality during work on the final stages, when a German sub-contractor, Lars Wagner (26), lost his life.