24th
August 2008: Internal CER Memo says Gas Prices will rise 15% if Shannon
LNG comes on stream due to fixed charges that must be paid in any case
on the Gas Interconnectors with the UK
August
24th
2008: According to media reports, an internal CER memo has stated
that gas prices will soar by about 15% if Corrib and Shannon LNG
start production. The memo attributes the rising cost of gas to the
declining use of two inter-connectors linking the UK's gas supplies
with Ireland.
Click here to read the full story in the 'Sunday Independent' newspaper of August 24th 2008
See
Sunday Independent August 24th
2008 c.f.
http://www.independent.ie/national-news/thats-gas--bills-up-15-after-corrib-field-opens-1462172.html
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