Previously published by Getting the Deal Through
DESCRIPTION OF DOMESTIC SECTOR
1. Describe the domestic natural gas sector, including the
natural gas production, liquefied natural gas (LNG) storage,
pipeline transportation, distribution, commodity sales and trading
segments and retail sales and usage.
Natural gas accounts for approximately 28 per cent of primary
energy demand in Ireland. While gas demand is forecast to contract
in the medium term in light of factors such as lower electricity
demand forecasts, increased renewables penetration, increasing
electricity interconnection with Great Britain and rising gas
prices, power sector gas demand is expected to recover from
2014/15. Historically, indigenous gas production in Ireland has
been limited, with only the Kinsale Head gas field (including South
West Kinsale and Ballycotton) and the adjacent Seven Heads gas
field having reached commercial production. Production in Kinsale
Head and the Seven Heads is
