An interim examiner was recently appointed to an oil distribution company involved in the construction of one of Ireland's largest deepwater oil terminals on the banks of the Shannon Estuary.Blackshore Holdings, which traded as Sweeney Oil, is a wholesale and retail oil distributor in Connaught. The firm is owned by Galway businessman and hotelier John Sweeney, one of the shareholders in the Shelbourne Hotel in Dublin.
Three of the largest fuel distributors in the South, Mid-West and West last year joined ranks to construct the Foynes terminal, which was launched by Minister for Transport, Noel Dempsey TD. The AFSC was unveiled as a joint venture involving Inver Energy, East Cork Oil and Blackshore Holdings (Sweeney Oil). The Atlantic Fuels Supply Company oil terminal will have capacity to supply 15pc of Ireland's fuel requirements when it is completed in August next year.
