Construction of the largest deepwater oil terminal built in Ireland in 40 years is to begin today on the banks of the Shannon Estuary.The project at Foynes will be completed in August 2010. The Atlantic Fuels Supply Company oil terminal will have capacity to supply 15pc of Ireland's fuel requirements.
Three of the largest fuel distributors in the South, Mid-West and West have joined ranks to the terminal which will be launched today by Minister for Transport, Noel Dempsey, TD, biz world reports. The AFSC is a joint venture involving Inver Energy, East Cork Oil and Blackshore Holdings (Sweeney Oil) and will employ 120 people in the construction phase.
