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Shell to Sea press release 21/08/06

Today’s statement from Shell seeking ‘expressions of interest’ for 5 million euros of contracts clearly demonstrates that Shell’s focus is on PR rather than addressing the core difficulties of the Corrib gas project.Given the development cost of the project which is approximately 1,000 million euro, the value of the Corrib gas reserve which is in excess of 10 billion euro, and the enormous profits of Shell and their partners, the sourcing of 5 million euro among local businesses can be seen as mere tokens and designed only to create the illusion of local benefits. The fact of the matter is that, under their current proposal, the vast majority of Shell’s investment would be to companies outside the region.Shell’s decision to move forward with work on the Bellanaboy site gives the lie to their claims to operate with consent and agreement. No pipeline route has yet been proposed by them and no agreement yet exists for such a route. In this context the decision to begin work at the gas processing plant pre-judges the pipeline issue and presents the local community once again with a fait accompli. Shell to Sea also notes that the existing Axonics water treatment units have been declared by the relevant authorities as fully functional and capable of dealing with all water pollution issues on the Bellanaboy site.Finally, Shell to Sea condemns the government’s recent awarding of further Exploration Licences under the giveaway 1992 Terms. This is all the more shocking given the government’s acknowledgement that there is now a demonstrated potential for further finds of hydrocarbon resources. We once again demand that these projects should be developed with health and safety prioritised and under a fiscal regime that maximizes local and national benefit.For verification contact Mark Garavan 087-9023687

Posted Date: 
23 August 2006 - 4:14pm