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Who owns the gas from the Corrib Field?

April 26, 2017field Gas owns

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Who owns the gas from the Corrib Field?

1 Answer

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Since 1987, after the appointment of Ray Burke (Minister for Energy) by Taoiseach Charles Haughey, Ireland forfeited its stakehold, participation and royalties in any oil or gas find in Irish territory. Currently a consortium of Royal Dutch Shell (45%), the Norwegian state company Statoil (36.5%) and US based Marathon (18.5%) are the exclusive owners of gas from the Corrib Field.