May 04, 2003

Troubled Waters

An Bord Pleanala turned down Enterprise Oil's plan to build a natural gas terminal near Belmullet, Co. Mayo. It's unlikely that they will just up sticks and leave - they have a twenty-year lease from the Irish government to exploit millions of tons of natural gas sitting in the Corrib Field in the north Atlantic.



But what about the extra cost of building an off-shore terminal ? Enterprise are owned by Shell, whose advertisements constantly play up their environmental awareness. Time to put their money where their mouth is. If it means that Enterprise only makes merely gigantic profits as apposed to astronomical profits with an onshore terminal, well so be it.


Posted by Monasette at May 4, 2003 08:17 PM
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