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Dáil
‹ Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation

LNG and energy security

Summary

Deputy Whitmore warned against a commercial LNG facility being used as a bargaining chip with the Trump Administration and argued policy should remain evidence-based. The Tánaiste said LNG is being considered only as a State-led strategic emergency reserve to protect energy security.

Recent reports indicate the Government is now considering a commercial liquefied natural gas, LNG, facility and that this is being seen as a bargaining chip with the Trump Administration. President Trump is a very transactional person and this is seen as something we can give him in our negotiations. That would be contrary to previous Government commitments and policies in favour of a State-led emergency non-commercial facility. Obviously, any decision that is made on energy security needs to be based on evidence. A report was commissioned last year by the previous Minister, charging Cambridge Economic Policy Associates, CEPA, to produce an analysis of our energy security needs and where LNG would fit into them. I have two questions. Is the Government considering commercial LNG at the moment, which would be a clear move away from previous policy? Will it publish the report from CEPA, of which we have not yet seen anything?

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Simon Harris The Tánaiste Fine Gael

As the Deputy knows, at the moment, around 80% of our gas supply comes from two pipelines with the UK. If anything were to happen with one of those pipelines, we would all know about it in terms of very serious consequences. We need to have an insurance policy in place. That is the responsible thing to do. The Minister, Deputy O'Brien, is examining this area and will bring proposals to the Government shortly. It is in this context of energy security that LNG is being considered, but it is from the point of view of a State-led strategic emergency gas reserve to provide the resilience required. I will ask the Minister to get back directly to the Deputy on the specific report she mentioned.

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