Report: Hess Sells Shannon LNG

New York-based Hess Corporation has reportedly sold Shannon LNG, a proposed €600 million LNG import facility in Ireland.

According to a report by Ireland’s Sunday Independent, the buyer of the proposed terminal on the Shannon Estuary in Co Kerry is currently not known.

Shannon LNG has planning permission to build an LNG import terminal with gas send-out capacity of up to 28.3 MMscm/d (1Bscf/d), according to its website.

The terminal includes a jetty capable of receiving LNG ships of up to 266,000 cubic metres capacity, and up to four LNG storage tanks each of 200,000 cubic metres capacity. Shannon LNG also has planning permission to build a 500MW CHP plant.

Shannon LNG did not respond to an email by LNG World News seeking confirmation of the sale by the time this article was published.

LNG World News Staff