*”Over-Promise and Under-delivery”: TWELVE years behind its original completion schedule, the Corrib gas project’s costs have spiralled with €2.68 billion spent by December 2012.
Aine Ryan: Tuesday, 31 December 2013 13:30
TWELVE years behind its original completion schedule, the Corrib gas project’s costs have spiralled with €2.68 billion spent by December 2012.
Reports in a number of national newspapers confirm that the bill for the project, which has been delayed due to a sustained community based campaign leading to a number of oral hearings and clashes with gardaí, will culminate in a €3.4 billion cost when completed by the end of next year. That is four times the original projected cost.