Conference examines the future of Ireland’s oil and gas
25 November 2014
Ireland currently imports 95% of its natural gas and 100% of its oil, leaving the country particularly vulnerable to supply disruptions and to volatility in prices, which are determined by global markets. Ireland must reduce its reliance on imported fuels and develop cost-effective, indigenous sources of energy in order to provide protection from instability and enjoy greater command over energy security.
One answer to this dilemma will be to develop large-scale renewable energy projects but hydrocarbon projects will also have a significant role to play and have the potential to provide valuable economic benefits.
2014 has seen a number of major developments in relation to the Irish offshore including the announcement of the conclusions of a review into the fiscal terms for new petroleum exploration licences and the launch of a new Atlantic Margin Licensing Round to run until September 2015. Ireland currently has the highest number of exploration authorisations in place since exploration began forty years ago, with a number of large independent oil companies entering the market in recent years.
The annual Energy Ireland Oil and Gas Conference, sponsored by Pinsent Masons, takes place on 11 December in Chartered Accountants House, 47-49 Pearse Street, Dublin 1. It will examine these developments through an expert panel of local and international speakers including Howard V. Rogers, Oxford Institute for Energy Studies and Prof Paul Stevens, Chatham House.
Key issues discussed will include:
- Policy priorities for the oil and gas sector
- Developments in licensing
- Global gas market developments
- The oil and gas fiscal system
- Regulatory issues for the gas industry
- Role of unconventional gas in Ireland’s future energy mix
The Oil and Gas Conference provides an important opportunity for all the key players in the Irish energy sector, north and south, to come together for networking and discussion. The conference will be attended by key policy-makers and decision-takers from across the sector.
Register now to learn about the opportunities in Ireland’s oil and gas sector. The full programme for the conference is available online at www.energyireland.ie/eventshttp://www.engineersjournal.ie/2014/11/25/conference-examines-future-irelands-oil-gas/http://www.engineersjournal.ie/wp-content/uploads/2014/11/Oil-conference-1024x683.jpghttp://www.engineersjournal.ie/wp-content/uploads/2014/11/Oil-conference-300x300.jpgNewsconference,gas,oil