The position of Ireland has emerged as a key discussion point in talks over the UK’s departure from the EU, with energy a particular area of concern.
The relationship between the UK and Ireland is important because the border between the countries will become the only land borderbetween Britain and the EU in the post-Brexit era. In addition, the two countries’ economies are closely intertwined, with energy a primary area of trade.
Ireland’s annual gas consumption is currently 6 bcm and is forecast to grow.
With gas providing essential feedstock for power generators, residential and industrial users alike, the need for clarity on future supply is pressing.
This article was first published in EurOil Week.