Hess sells Shannon LNG Terminal
By Aiswarya Lakshmi
Tuesday, February 9, 2016
New York-based energy company Hess has sold Shannon LNG, a proposed gas-import terminal in County Kerry, Ireland’s Sunday Independent has reported.
The newspaper did not name the buyer for the site. The identity of the new owner of the proposed liquefied natural gas terminal on the Tarbert-Ballylongford landbank and their plans are not yet clear.
Shannon LNG aimed to import LNG through southwest Ireland. However the €600 million (US$671 million) venture had yet to start construction and it is unclear whether the buyer of the site and its planning permissions will press ahead with the project.
Hess’ planned 3 million tonne a year (mta) terminal featured up to four LNG-storage tanks, each with capacity for 200,000mᶾ and a jetty big enough to handle 266,000mᶾ Q-max LNG carriers. It secured terminal planning permission in March 2008.
The terminal includes a jetty capable of receiving LNG ships of up to 266,000 cubic metres capacity, and up to four LNG storage tanks each of 200,000 cubic metres capacity. Shannon LNG also has planning permission to build a 500MW CHP plant.