The Case for Natural Gas
Fermanagh gas will be cheaper and better for the environment than Liquid Natural Gas imports; it does not require shipment across oceans or via lengthy pipelines. It will give security of supply in uncertain political times. As an alternative to other petroleum products it has a large number of uses for the home, industry and transport.
Going forward, natural gas will play a key role in providing a cleaner energy mix across the globe.
Benefits of natural gas include:
- Economic driver – attracts manufacturing, software and other energy intensive industries
- Clean burning – very few by-products, no soot, ash or burn odours
- Ease of use – no need for storage tanks
- Convenient – piped avoids having to schedule deliveries
- Bridge fuel to renewables
- On demand – instant hot water from tankless gas heating systems
- Lower maintenance costs for gas boilers
- Energy efficient
- Versatile and controllable
- Quiet
Anticipated Project Benefits
- An estimated 3,000 direct and indirect jobs in County Fermanagh and across Northern Ireland
- Significant opportunities for long term well paid jobs
- An estimated £7bn investment over the project lifetime
- Local community to have direct benefit (see About Us section)
- Improved security of supply for Northern Ireland
- Will help stabilise, if not bring cheaper, energy costs
- Tax revenues to include royalties, rates, corporation tax, VAT and employment taxes.
- Decades of gas reserves
- Reduced reliance on imported gas
- Potential to attract new energy intensive industries
- Encourage foreign direct investment
- Training for local people
