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Displaying items by tag: GEAI

#Oil&Gas - The public consultation on the first stage of environmental assessment for developing an oil and gas licensing framework in Northern Ireland's inland waters continues till next Friday 14 June.

The 'Scoping Report' was issued on 24 April last by Northern Ireland's Department of Enterprise, Trade and Investment (DETI) and marks the first step of the EU-mandated Strategic Environmental Assessment (SEA) process.

The current consultation seeks comments on the appropriateness of the proposed scope of the SEA and the proposed assessment methodology.

Anti-fracking campaigners Good Energies Alliance Ireland (GEAI) argue that any future oil and gas exploration or extraction in Belfast Lough or Larne Lough would include horizontal drilling and franking.

With one week left to go, GEAI is among those urging the public to have their say in the consultation, citing the 1,300 submissions received by the EPA that the group claims it encouraged on a proposed franking research study.

Northern Ireland has four existing petroleum licences across three main areas of exploration in Antrim, Fermanagh and Derry.

Published in Inland Waterways

About Foyle Port

Foyle Port, located in the North West region of Northern Ireland, is estimated to handle around 2 million tonnes of cargo per year, with a trade value of approximately £1 billion. The port plays a crucial role in facilitating the import of essential agri-products, supporting around 20,000 farms in the region, as well as various local business sectors such as fuel/oil and construction industries. The organisation supports an estimated 1000 direct and indirect jobs.

Originally located in the bustling heart of Derry City, the Commissioners relocated the port to its current deep-water location at Lisahally in 1993. The terminal boasts an impressive 440 metres of quay and can accommodate large vessels of up to 62,000 DWT. Foyle Port is primarily a bulk port and a significant importer of essential commodities such as oil, coal, animal feed, fertiliser, and plywood, all of which are vital for the North West rural region.

Since 2003, the organisation has experienced significant growth, doubling both turnover and profit and attracting approximately £100 million of inward investment to the region. This investment has supported projects, including a fertiliser plant, an oil tank farm, and a biomass power station.

Established by Act of Parliament in 1854, the Londonderry Port & Harbour Commissioners is an independent statutory authority with a duty to develop, maintain and operate to the highest standards of efficiency, financial prudence, environmental awareness, safety, and security. The Port is independent of the Government and is self-financing. All financial surpluses are reinvested in the business for the benefit of future generations of stakeholders.