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Jun 10 – Government Says Lloyd's Report Works On Different Assumptions – LNG Facility Will Operate On “Tolerable Levels Of Risk”

The Government says it notes the statements made by the Leader of the Opposition, Danny Feetham, and by GSD Chairman Trevor Hammond, in relation to the report by Lloyd's Register in respect of the use of LNG as a fuel in Gibraltar. 
The Government says it respects Lloyd's Register’s expertise and notes that its report explicitly sets out how to mitigate the risks involved in the operation of LNG to tolerable levels. 
In this respect, says the Government, the conclusions of Lloyd's are in keeping with those of the Government’s own experts, namely that with proper planning and mitigation the use of LNG as a power generation and bunkering fuel in Gibraltar is entirely feasible and acceptable to UK standards of risk: to the level of a one in a million year event. 
But the Government says that the information provided to Lloyd's “appears to be totally different” to the plans which are being assessed by the Government. For that reason, says Number Six, the Lloyds report is into a “fictional terminal, with assumptions made that are totally different to those which the Government is working to” adding that this presents the problem with the public putting any reliance on the report. 


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