Monday 14 November 2011

Final cost of Corrib Gas project set to be close to €3 billion

THE FINAL cost of the controversial Corrib Gas project is now set to be close to €3 billion and it may be late 2014 before gas is finally flowing from the field.

The revised cost estimate emerges from documents just filed with the companies office here by Shell EP Ireland Ltd.

The accounts show the total outlay on the project to the end of December 2010 was €2.16 billion.

Read the article @ The Irish Times

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