Shell Welcomes Decision on Corrib Terminal in Ireland

Shell E&P Ireland Limited welcomes the announcement by Mayo County Council of the council's decision to grant planning permission for an onshore natural gas terminal at Bellanaboy Bridge, County Mayo.

The construction of an onshore natural gas terminal is part of plans to develop the Corrib offshore gas field.

Corrib is located 83 kilometers off the west coast of Ireland in 350 meters of water and was discovered in 1996. The gas is located a further 3,000 meters below the seabed. Should the development proceed, the field is expected to feed gas into the national grid for 15 to 20 years.

Mr. Andy Pyle, Managing Director of Shell E & P Ireland Limited, said today: "The decision by Mayo County Council brings us one important step closer to being able to develop the Corrib gas field and to deliver the benefits it will have to the western region, and to Ireland as a whole. The availability of a supply of natural gas from Corrib will generate renewed confidence and help to attract new industry to the west of Ireland while providing significant benefits to the local and national economy".

Mr. Pyle also expressed appreciation for the widespread goodwill evident towards the project throughout Mayo. "We have encountered continued strong local and national support for the project and I would like to thank all of those who have worked hard to get Corrib to this point. It has been a long, and at times, very difficult process, but we remain committed to getting the project underway as soon as possible, subject to us gaining the required remaining approvals. However, it is important for Corrib project that these processes are completed as soon as possible".

"We will continue to consult with the local community and our team looks forward to working with all of the relevant interested parties in the months ahead".