Ireland approves the construction of its first offshore LNG terminal

The Irish government has greenlit the construction of an offshore liquefied natural gas (LNG) terminal, a key infrastructure to ensure the country's energy security in case of supply disruptions.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The Irish government has recently authorised the development of its first offshore liquefied natural gas (LNG) terminal. Estimated to cost €300 million, the project aims to diversify the country’s gas supply sources while enhancing its energy security. The floating terminal will be capable of storing approximately 170,000 cubic metres of LNG and will serve as an emergency reserve in the event of supply disruptions. Although the exact location of the facility has not been specified, the terminal will be constructed at sea, enabling Ireland to access an alternative source of supply to its existing gas pipelines.

Strengthening Ireland’s energy security

Ireland’s Minister for Energy, Darragh O’Brien, clarified that the terminal will not be used for commercial purposes but will rather serve as a strategic reserve for the country. He emphasised that this infrastructure is crucial to prevent the economic and social consequences of a significant gas supply interruption. Currently, Ireland relies heavily on underwater pipelines from the United Kingdom, a situation that presents risks in the event of infrastructure failures or political tensions between the two countries.

An alternative to pipeline vulnerabilities

The installation of this offshore terminal is aimed at diversifying Ireland’s gas supply sources, as the country’s ability to cope with supply interruptions is deemed insufficient according to European Union standards. LNG, transported by sea, represents an alternative to the existing underwater pipelines, which are a vulnerability for Ireland’s energy security. Due to geopolitical uncertainties and issues related to Brexit, the country is seeking to secure its supplies for the years ahead.

Controversy over LNG infrastructure

While some advocate for the development of this offshore terminal to enhance Ireland’s energy security, the construction of such infrastructure also faces opposition. Climate advocates are concerned about the environmental impact of using LNG, a fossil fuel, and oppose the expansion of storage capacities for this type of gas. However, Irish authorities argue that the project is necessary to ensure the country’s resilience in the face of gas supply crises.

Faced with a climate- and geopolitically-constrained winter, Beijing announces expected record demand for electricity and gas, placing coal, LNG and UHV grids at the centre of a national energy stress test.
The Iraqi government and Kurdish authorities have launched an investigation into the drone attack targeting the Khor Mor gas field, which halted production and caused widespread electricity outages.
PetroChina internalises three major gas storage sites through two joint ventures with PipeChina, representing 11 Gm³ of capacity, in a CNY40.02bn ($5.43bn) deal consolidating control over its domestic gas network.
The European Union is facilitating the use of force majeure to exit Russian gas contracts by 2028, a risky strategy for companies still bound by strict legal clauses.
Amid an expected LNG surplus from 2026, investors are reallocating positions toward the EU carbon market, betting on tighter supply and a bullish price trajectory.
Axiom Oil and Gas is suing Tidewater Midstream for $110mn over a gas handling dispute tied to a property for sale in the Brazeau region, with bids due this week.
Tokyo Gas has signed a 20-year agreement with US-based Venture Global to purchase one million tonnes per year of liquefied natural gas starting in 2030, reinforcing energy flows between Japan and the United States.
Venture Global accuses Shell of deliberately harming its operations over three years amid a conflict over spot market liquefied natural gas sales outside long-term contracts.
TotalEnergies ends operations of its Le Havre floating LNG terminal, installed after the 2022 energy crisis, due to its complete inactivity since August 2024.
Golar LNG has completed a $1.2bn refinancing for its floating LNG unit Gimi, securing extended financing terms and releasing net liquidity to strengthen its position in the liquefied natural gas market.
Woodside Energy and East Timor have reached an agreement to assess the commercial viability of a 5 million-tonne liquefied natural gas project from the Greater Sunrise field, with first exports targeted between 2032 and 2035.
In California, electricity production from natural gas is falling as solar continues to rise, especially between noon and 5 p.m., according to 2025 data from local grid authorities.
NextDecade has launched the pre-filing procedure to expand Rio Grande LNG with a sixth train, leveraging a political and commercial context favourable to US liquefied natural gas exports.
Condor Energies has completed drilling its first horizontal well in Uzbekistan, supported by two recompletions that increased daily production to 11,844 barrels of oil equivalent.
WhiteWater expands the Eiger Express pipeline in Texas, boosting its transport capacity to 3.7 billion cubic feet per day following new long-term contractual commitments.
The challenge to permits granted for the NESE project revives tensions between gas supply imperatives and regulatory consistency, as legal risks mount for regulators and developers.
Brasilia is preparing a regulatory overhaul of the LPG sector to break down entry barriers in a market dominated by Petrobras and four major distributors, as the Gás do Povo social programme intensifies pressure on prices.
The lifting of force majeure on the Rovuma LNG project puts Mozambique back on the global liquefied natural gas map, with a targeted capacity of 18 Mt/year and a narrowing strategic window to secure financing.
BW Energy has identified liquid hydrocarbons at the Kudu gas field in Namibia, altering the nature of the project initially designed for electricity production from dry gas.
Rising oil production in 2024 boosted associated natural gas to 18.5 billion cubic feet per day, driven by increased activity in the Permian region.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.