Ireland's natural resources are not limited to land-based assets; it is also a maritime nation with exceptionally rich, yet underutilized, marine resources. For investors immigrating to Ireland, the Irish marine economy represents a well-preserved national asset with numerous opportunities awaiting development. After overcoming nearly two decades of development challenges and local opposition, one of Ireland's largest energy projects has recently begun producing natural gas.
Shell and its partners began transporting natural gas from the Corrib offshore gas field to an inland terminal this week, having just received final approval from the Irish Department of Communications, Energy and Natural Resources on Tuesday.
The Corrib gas field is one of four commercial gas discoveries in Irish history. It was discovered by Enterprise Oil in 1996 and is located in the Atlantic Ocean, approximately 83 kilometers off the coast of County Mayo.
