THE HANDSTAND

MARCH 2007

  CORRIB NEWS:

HERE IS ALL THE LATEST LEGAL NEWS OF S-HELL'S CONTRACTS ETC. THAT THEY ARE FASTENING UP FOR THEMSELVES.
LOCAL LANDOWNERS AND WORKERS MUST TAKE A LOOK AT ALL THESE PLANS AS CRAVEN IRISH BUSINESSES,WHO WILL BE THE FALLGUYS IN THE EVENT OF ANY ERRORS, FAULTS OR EMERGENCIES, LINE UP
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IRAQ'S NEW LAW INTENDS TO SHARE REVENUES WITH ALL THE COUNTRY'S SECTS AND POPULATIONS

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Corrib Gas Partners announce award of two significant contracts for Corrib Project
22/02/2007
The Corrib Gas Partners today announced the award of two further contracts on the Corrib Natural Gas Project.
The first of these contracts was signed with Mercury Engineering (Mercury House,  Ravens Rock Road, Sandyford Industrial Estate,  Dublin 18 Tel.2163000 www.mercury.ie )and covers the mechanical and piping works package for the onshore gas terminal.  The value of the contract is in the order of €40m.

The second contract was signed with Roadbridge Ltd. (International Private company
Ballyclough House, Ballysheedy, Co Limerick , Ireland
353 061 414874, 353 061 414767 fax, http://www.roadbridge.ie )
This civil engineering contract comprises the civil works and foundation package and the value of this contract is in the order to €20m.

“We are delighted to be working with Irish companies such as Mercury and Roadbridge, said Andy Pyle, SEPIL Managing Director.  “The calibre of these companies and their staff is second to none and I am confident that these companies will continue the excellent standard of work that is already being produced in the development of the Corrib gas terminal”.   There are currently almost 200 people employed as a result of the ongoing work on the Bellanaboy terminal site.  Peat removal will commence in late March and will see a further 100 jobs created.  Full construction will commence in autumn.  At peak construction period there will be approximately 700 people employed on the terminal site.  In the long term there will be 100 full time permanent positions created in the local area as a result of the project.



Corrib Gas Partners make submission to Environmental Protection Agency.
21/02/2007
The Corrib Gas Partners have today made a submission to the Environmental Protection Agency (EPA) on its proposed determination to grant an Integrated Pollution Prevention Control (IPPC) Licence for the Bellanaboy Bridge gas terminal.
Following a detailed internal review of the 85 conditions attaching to this proposed determination, the Corrib Gas Partners have proposed an alternative wording in the case of eight of these conditions and a justification for the proposed change.
The Corrib Gas Partners note that the EPA, which is the competent environmental authority in Ireland, confirms that emissions from the gas terminal, ""will not adversely affect human health or the environment and will meet all relevant national and EU standards", when operated in accordance with the conditions of the proposed determination.

"The Corrib Gas Partners are committed to building and operating a world class facility at Bellanaboy in partnership with the local community.  All decisions around the Corrib gas project are taken with due concern for the protection of the environment", said Andy Pyle, Shell E&P Ireland Ltd Managing Director.   The Corrib project is already bringing many benefits to the local area, such as jobs and investment.  Since work resumed at the Bellanaboy site in October last, almost 200 jobs have been created in the local community.  This will rise to 300 jobs when peat haulage resumes in the Spring and approximately 700 people will be employed when full construction of the terminal commences in the Autumn.

EPA Integrated Pollution Prevention Control Licence.
26/01/2007
The Corrib Gas Partners welcome today’s Proposed Decision by the Environmental Protection Agency (EPA) to grant an Integrated Pollution Prevention Control (IPPC) Licence for the Bellanaboy Bridge gas terminal.
The Corrib Gas Partners note that the EPA, which is the competent environmental authority in Ireland, confirms that emissions from the gas terminal, “will not adversely affect human health or the environment and will meet all relevant national and EU standards”, when operated in accordance with the conditions of the proposed licence.(PLEASE NOTE THE EMPHASIS THEY HAVE ADDED ON THIS PRESS RELEASE. Also It is certainly rather a late date, and after all this protest, that they have actually sought such a Licence.JB,editor)

Corrib Gas Partners confirm they will not use current CAOs.
16/01/2007
In the High Court today, Shell E&P Ireland Ltd (SEPIL) commenced its application for the court's permission to discontinue claims in the current proceedings, which seek a permanent injunction against four local landowners.  The application is being made as a permanent injunction is no longer applicable due to the Corrib Gas Partners' commitment to modify the existing onshore pipeline route.
Counsel for SEPIL stated today that the Corrib Gas Partners will not be reliant on the current Compulsory Acquisition Orders (CAO) as a new consent for the modified onshore pipeline route will need to be sought under Section 40 of the Gas Act.
Andy Pyle, SEPIL's Managing Director, said, "This is a logical step in view of our ongoing process to modify the onshore pipeline route.  We are at an early stage of this process, which will take up to a year, and during this time we will consult as widely as possible with local landowners and the community.  Clearly the key to finding the best modified route will be landowner agreement and community acceptance".



Shell E&P Ireland signs contract with SIAC
13/12/2006(SIAC Butlers Steel Ltd
Lea Road
Portarlington
Co Laois
Ireland
Tel:  +353 502 23305
Fax:  +353 502 23207
Web: www.siacbutlers.ie
Email: commercial@siacbutlers.ie)

Shell E&P Ireland (SEPIL) has today signed a contract with SIAC Butlers Steel Ltd who will undertake the structural steel work at the Bellanaboy Bridge Gas Terminal for the Corrib Gas Field Development Project.
“We’re delighted to be working with SIAC, one of Ireland’s major construction groups, on the largest infrastructure project in Mayo,” said Andy Pyle, Managing Director of SEPIL. “Work has been progressing steadily on the Bellanaboy terminal site since our return to work in October and currently 170 jobs in the local community are directly linked to the Corrib project,” he added.

The contract is for approximately €8m and is for the supply, fabrication and erection of structural steelwork for a number of buildings, piperacks and platforms at the terminal.  It is expected that the work will be carried out on site over a 12 month period.

Mr Pat Ahern, Managing Director of SIAC Butlers Steel Ltd., said: “This is a very exciting project for Erris and the western region and we look forward to becoming part of the local community over the coming year and more.  We will be working closely with Corrib Gas Partners and the project managers to maximise our local spend on supplies and services as well as to offer employment opportunities to local people where possible”.  

While full-scale construction activity at the Bellanaboy terminal site will not begin until the autumn of 2007, the Corrib Gas Partners are currently undertaking important environmental and preparatory civil engineering work.(Amazing that there was no need ot undertake such work before this date!JB,editor)


.Iraq cabinet approves new oil law

Iraq's cabinet has approved a draft of a national oil law that would share revenues from the country's vast oil reserves among its ethnic groups. Prime Minister Nouri Maliki described the agreement as a "gift to all the Iraqi people".

The draft bill must now be submitted to Iraq's parliament for a vote.

The cabinet decision to back the oil law came two months after the government's own deadline for legislation to come into force.

Iraq has the world's third-largest proven reserves of oil. Most current reserves are in the Shia-dominated south of the country, with the best prospects for future drilling in the Kurdish north.

The new law was approved by the cabinet after Kurdish groups backed the proposals over the weekend. "This law has been based on our national interest," Mr Maliki said. "It will encourage the bringing together of all component parts of the Iraqi people," he told a news conference.

Correspondents say the drawn-out process of passing an oil law has been a symbol of the struggle of Iraq's ethnic groups to work together to build a stable, independent nation. Under the terms of the deal oil revenues would be split among Iraq's 18 provinces based on population levels.

The draft law also lays out method for international companies to invest in Iraq's oil industry, reports say. BBC World News