Home » Monthly archive

August 2017

Corrib firm doesn’t expect to pay tax for some time

By: 
Gordon Deegan - Irish Examiner

The new operator of Corrib Gas field has told investors it doesn’t expect to pay tax from profits on the project “for the foreseeable future”.

 

 

Last month, Shell Ireland disposed of its shareholding in the project to the Canadian Pension Plan Investment Board in a deal worth just over €1bn.

Posted Date: 
15 August 2017
Link: 

http://www.irishexaminer.com/business/corrib-firm-doesnt-expect-to-pay-t...

New Corrib operators won't pay taxes 'for foreseeable future'

By: 
Gordon Deegan - Irish Independent

The new operator of Corrib gas field has told investors that it does not expect to incur income taxes from profits on the project "for the foreseeable future".

Last month, Shell Ireland disposed of its shareholding in the project to the Canadian Pension Plan Investment Board (CPPIB) in a strategic partnership with Vermilion - a deal potentially worth as much as €1.08bn.

Posted Date: 
15 August 2017
Link: 

http://www.independent.ie/business/irish/new-corrib-operators-wont-pay-t...

‘Fir bolgs’ of Erris won’t miss Myers

By: 
Áine Ryan - Mayo News

IT was so easy for sacked Sunday Times columnist Kevin Myers to mock and defame the Corrib Gas protestors in article after article over the years. From his perch in his eyrie somewhere in the rolling hills of Kildare, he picked on the protestors again and again without properly informing himself of the protest’s deep community nuances, cynically dismissing genuine fears as ‘pagan voodoo of the fir-bolgs’.

Well, the Shell spin machine had ensured that official Ireland turned its back on this community, whose heritage and pristine environment is among the last bastions of a culture untainted by much of the consumerism and globalist capitalism that thousands of holiday makers who indulge in the area crave to  escape.

Posted Date: 
2 August 2017
Link: 

http://www.mayonews.ie/comment-opinion/off-the-fence/30520-fir-bolgs-of-...

Plans to bring LNG from Texas to Cork

By: 
RTE News

[Shell to Sea] A Texan company NextDecade has plans to bring LNG from Texas to the Port of Cork.  John Mullens, Chairman of the Port of Cork (formerly CEO of Bord Gais) had a interesting interview on RTE today.  In the interview he stated how there is no reason why Irish interconnectors couldn't be reversed to send gas from Ireland to England or Europe.  That this was a possibility was repeatedly denied by the Dept of Energy and Shell for many years in relation to Corrib.

Question RTE:  "If they (LNG suppliers NextDecade) link up to the Irish Gas Network, in effect they have access to the entire European network, is that correct, to sell their product on?"

John Mullens: "That's absolutely correct, there is no reason why one of the interconnectors coming in to Loughshinny could not be reversed and the combination of Corrib and this new gas source actually could supply Lancashire and Yorkshire and nearer mainland .. em ..em .. nearer Britain"

Posted Date: 
2 August 2017
Link: 

http://www.rte.ie/cspodcasts/media.mp3?c1=2&c2=16951747&ns_site=test&ns_...

Offshore Rock Placement In Corrib Gas Field

By: 
Afloat.ie

#MarineNotice - Shell E&P Ireland advises that it will commence rock placement works between two wells in the Corrib Gas Field before the end of this month.

Posted Date: 
2 August 2017
Link: 

http://afloat.ie/resources/news-update/item/36661-marine-notice-offshore...