Board Decisions

A summary of decisions taken by the Board of Gas Networks Ireland since October 2015 is set out below:
 

Board Meeting of GNI ("Company") dated 28 September 2020

The following decisions were taken by the Board:

  1. Approve the award of a framework agreement for the provision of PR and public affairs support to GNI (UK) Limited in Northern Ireland;
  2. Approve the extension of arrangements in respect of the Mayo-Galway Telecommunications Project.

 

 

 

Board Meeting of GNI ("Company") dated 27 July 2020

The following decisions were taken by the Board:

  1. Approve the disposal of a Gas Networks Ireland site in Mullaghash, Ardee, Co. Louth;
  2. Approve the award by GNI (UK) Limited of a contract for the design and build of seven turbine air intake structures;
  3. Approve a capital budget for the AGI security programme;
  4. Approve the award of a contract by GNI (UK) Limited for the provision of turbine maintenance, overhaul and upgrade services.
     


 

Board Meeting of GNI ("Company") dated 29 June 2020

The following decisions were taken by the Board:

  1. Approve the submission of the draft 2020-2024 Gas Networks Ireland business plans to the relevant Ministers and to NewERA;
  2. Approve the 2019 Gas Networks Ireland regulatory financial statements and Letter of Representation;
  3. Approve the registration of Gas Networks Ireland as a foreign company in the Isle of Man.
     


 

Board Meeting of GNI ("Company") dated 25 May 2020

The following decisions were taken by the Board:

  1. Approve the purchase by Gas Networks Ireland of its future shrinkage gas requirements via the Marex Spectron Trading Platform;
  2. Approve a capital budget for the Beattock Compressor Station upgrade project;
  3. Approve the award of the frameworks for the provision of Advertising Services and Media Planning and Buying services.

 


 

Board Meeting of GNI ("Company") dated 27 April 2020

The following decisions were taken by the Board:

  1. Approve the of extension of the appointment of Edwina Nyhan as a Director of Gaslink Independent System Operator DAC.
  2. Approve the filing of the final revised constitution for Gaslink Independent System Operator DAC, including the change of name to Network Services Transition DAC.
  3. Approve a contract amendment and value increase to the multi-party framework for the provision of engineering services to GNI (UK) Limited.
  4. Approve the completion and execution of a Use of System Agreement between Gas Networks Ireland and GNI (UK) Limited for access by Gas Networks Ireland to the South North Pipeline.
  5. Approve the award of a single supplier framework for the provision of electricity supply to the Ervia group.

 

 

Board Meeting of GNI ("Company") dated 30 March 2020

The following decisions were taken by the Board:

  1. Approve the Letter of Representation in respect of the Gas Networks Ireland 2019 financial statements.
  2. Approve the Gas Networks Ireland financial statements for the year ended 31 December 2019.
  3. Approve the payment of an annual dividend for the financial year ended 31 December 2019.

 

 

Board Meeting of GNI ("Company") dated 26 March 2020

The following decisions were taken by the Board:

  1. Approve an extension and increase to the value of the CNG fast fill station framework agreements.
  2. Approve the award of a single party framework agreement for the provision of sales and associated services to Gas Networks Ireland and Aurora, and an increase to the value of the existing framework agreement to enable the continued provision of services via a call-off contract until service transition.
  3. Approve the publication of an updated Modern Slavery Statement.

 

 

Board Meeting of GNI ("Company") dated 24 February 2020

The following decisions were taken by the Board:

  1. Approve an increase to the value of the existing framework for the provision of Contact Centre services to Gas Networks Ireland.
  2. Approve a capital budget for the PC4 G16+ industrial and commercial meter replacement programme.
  3. Approve additional capital expenditure for the Limerick optimisation project.
  4. Approve the submission of the 2019 Gas Networks Ireland unaudited financial statements to the Department of Housing, Planning and Local Government.
     

 

Board Meeting of GNI ("Company") dated 27 January 2020

The following decisions were taken by the Board:

  1. Approve the award of a single-supplier framework for the provision of manned guarding and related services to Gasworks Ireland Limited.
  2. Approve the Gate 4 for Center Parcs Project paper.
  3. Approve the submission of an application to Ofgem for Gas Networks Ireland to be ‘Fully Ownership Unbundled’ certified in the UK.
     

 

Written Resolutions of Directors of GNI dated 6 December 2019

The following decisions were taken by the Board:

  1. Approve the Gate 4 –PC3 Meter Replacement Programme.
  2. Approve  the award of a multi supplier panel for the provision of legal services.
  3. Note an update on arrangements/structures for directors’ Compliance Policy Statement in accordance with the Companies Act 2014.
     

 

Board Meeting of GNI ("Company") dated 25 November 2019

The following decisions were taken by the Board:

  1. Approve the award of construction contract and a capital budget for the Ballough Bypass project.
  2. Approve a capital commitments budget for Gas Networks Ireland for 2020.
  3. Approve the 2020 budget for Gas Networks Ireland.
  4. Approve a letter of engagement in respect of its audit of Gas Networks Ireland’s statutory and regulatory financial statements.
  5. Approve the revised Ervia Enterprise Risk Management policy.
     

 

Board Meeting of GNI ("Company") dated 22 November 2019

The following actions were taken by the Board:

  1. Note the financial highlights as presented in the management accounts for the period 1 January 2019 to 30 September 2019 and for the comparative income statement for the period 1 January 2018 to 30 September 2018.

 

Board Meeting of GNI ("Company") dated 18 October 2019

The following decisions were taken by the Board:

  1. Approve the submission to NewERA of a draft 2018 Valuation of Gas Networks Ireland.
  2. Approve the entry by Gas Networks Ireland into a facility agreement with Danske Banks A/S to fund its ‘Green Connect’ investment project.
  3. Approve a contract variation and value increase to the Multi-Party Framework for the Provision of Engineering Services to Gas Networks Ireland.

 

Board Meeting of GNI ("Company") dated 23 September 2019

The following decision was taken by the Board:

  1. Approve the award of a single party framework contract for the provision of Gas Networks Ireland pipeline inspection services.

 

Written Resolutions of Directors of GNI dated 29 August 2019

The following decision was taken by the Board:

  1. The execution of a Pipeline Crossing Agreement.

 

Written Resolutions of Directors of GNI dated 2 August 2019

The following decisions were taken by the Board:

  1. Approve the entry by Gas Networks Ireland into a contract relating to the single party framework for the provision of service desk and deskside support services.

 

Board Meeting of GNI ("Company") dated 26 July 2019

The following decisions were taken by the Board:

  1. Approve the update of a Euro Medium Term Note Programme by Gas Networks Ireland and subsequent note issuances thereunder.
  2. Approve the award of a single supplier framework agreement for the provision of telecommunication civils work to Aurora.

 

Board Meeting of GNI ("Company") dated 21 June 2019

The following decisions were taken by the Board:

  1. Approve the sale of turbine and turbine ancillary assets at Midleton compressor station.
  2. Approve the 2018 Gas Networks Ireland Regulatory financial statements, letter of representation and letter of engagement.

 

Board Meeting of GNI ("Company") dated 27 May 2019

The following decisions were taken by the Board:

  1. Approve the award of a Shrinkage Gas contract.
  2. Approve both the CNG Business Plan and the Green Connect Business Case.
  3. Approve the submission of the draft Business Plan Gas Networks Ireland for the period 2019-2024 to the relevant Ministers and to NewERA.

 

Board Meeting of GNI ("Company") dated 26 April 2019

The following decisions were taken by the Board:

  1. Approve a capital budget for phase 2 of the domestic meter replacement programme and an overall budget for the programme to replace circa. 100,000 gas meters.
  2. Approve an increase in the construction contract value for the Gas to Listowel Project.
  3. Approve the appointment of Brian Mullins, Head of Regulatory Affairs Gas networks Ireland (GNI) as Compliance Officer for GNI.

 

Board Meeting of GNI ("Company") dated 25 March 2019

The following decisions were taken by the Board:

  1. Approve the Sustainability Report, including the non-financial reporting requirements, for Gas Networks Ireland for year ended 31st December 2018.
  2. Approve the Gas Networks Ireland Financial Statements and associated Letter of Representation in respect of the year ended 31st December 2018.
  3. Approve the payment of a dividend of €54.404m to Ervia for the financial year ended 31st December 2018.

 

Board Meeting of GNI ("Company") dated 22 March 2019

The following decisions were taken by the Board:

  1. Approve extension arrangements in relation to the Mayo/Galway Telecommunications Project.

 

Board Meeting of GNI ("Company") dated 22 February 2019

The following decisions were taken by the Board:

  1. Approve the submission of the 2018 Gas Networks Ireland unaudited, unapproved and abridged financial statements to the Department of Housing, Planning and Local Government.

 

Board Meeting of GNI ("Company") dated 1 February 2019

The following actions were taken by the Board:

  1. Approve the appointment of an external auditor for Gas Networks Ireland for the three financial years 2019, 2020 and 2021.

 

Board Meeting of GNI ("Company") dated 28 January 2019

The following decisions were taken by the Board:

  1. Approve the construction of the Laughanstown pipeline by Gas Networks Ireland to facilitate the connection of a new AGI at Laughanstown, County Dublin to the existing transmission network.

 

Board Meeting of GNI ("Company") dated 10th December 2018

The following decisions were taken by the Board:

  1. Approve a letter of engagement in respect of the audit of Gas Networks Ireland’s Statutory Financial Statements for the financial year 2018.
  2. Approve a variation to the South West Scotland Operations and Maintenance contract.
  3. Approve an amendment of the tripartite agreement in relation to arrangements at the interconnection point at Moffat between Gas Networks Ireland, GNI (UK) Limited and National Grid Gas plc.

 

Board Meeting of GNI ("Company") dated 26th November 2018

The following decisions were taken by the Board:

  1. Approve the Compressed Natural Gas and renewable gas in transport strategies.
  2. Approve the budget for 2019 for the Company.
  3. Approve the entry by the Company into a finance contract with the European Investment Bank.
  4. Approve a capital commitments budget for the Company for 2019.
  5. Approve the award of the South West Scotland Operations and Maintenance contract.
  6. Approve an increase in the value of the Gas Shrinkage Contract.
  7. Approve a revised constitution for Gaslink Independent System Operator Designated Activity Company.

 

Board Meeting of GNI dated 8th November 2018

The following decisions were taken by the Board:

  1. Approve the construction of a pipeline to connect a biogas injection facility at Cush, Co. Kildare to the Gas Networks Ireland distribution system.

 

Board Meeting of GNI dated 22nd October 2018

The following decisions were taken by the Board:

  1. Approve an increase in the value for spend on balancing buy gas services.
  2. Approve an application to Ofgem for a gas interconnector licence in respect of Gas Networks Ireland interconnectors within the UK Continental Shelf.   
  3. Approve a contract variation to the Northern Ireland Operations and Maintenance contract.
  4. Approve revised Articles of Association for GNI (UK) Limited.
  5. Approve a proposal relating to the development and introduction of biogas into the gas network and the commencement of related preliminary activities.

 

Board Meeting of GNI dated 21st September 2018

The following decisions were taken by the Board:

  1. Approve an increase in value of the GNI (UK) Limited multiparty engineering services framework contract.
  2. Approve a multi supplier framework for the supply of polyethylene pipe to Ervia.
  3. Approve the submission of an equity valuation of GNI as at 31st December 2017 to NewERA.

 

Board Meeting of GNI dated 27 July 2018

The following decisions were taken by the Board:

  1. Approve the appointment of two Authorised Officers.
  2. Approve the Regulatory Financial Statements for Gas Networks Ireland for year ended 31 December 2017 and the associated letter of representation.  

 

Board Meeting of GNI dated 25 June 2018

The following decisions were taken by the Board:

  1. Approve the appointment of Mr. Andrew McCrea Director to the Board of GNI (UK) Limited.

 

Board Meeting of GNI dated 31 May 2018

The following decisions were taken by the Board:

  1. Approved a settlement and additional expenditure on the Cluden to Brighouse Bay Pipeline Project.

 

Board Meeting of GNI dated 24 May 2018

The following decisions were taken by the Board:

  1. Approved the award of the Northern Ireland Operations and Maintenance Service Contract.
  2. Approved proposed changes to ENTSOG and GIE representatives.

 

Board Meeting of GNI dated 21 May 2018


The following decisions were taken by the Board:

  1. Approved an increase in expenditure on the Cluden to Brighouse Bay Gas Pipeline Project.

 

Board Meeting of GNI dated 20 April 2018

The following decisions were taken by the Board:

     1. Approve a capital budget for the Phase 1 Project regarding the construction of a pipeline from Athlone, Co. Westmeath to a new Center Parcs resort in Ballymahon.

 

Board Meeting of GNI dated 28 March 2018

The following decisions were taken by the Board:

      1. Approve the company’s entering  into arrangements in respect of the Mayo-Galway Telecommunications Project.

 

Board Meeting of GNI dated 26 March 2018

The following decisions were taken by the Board:

  1. Approve the Gas Networks Ireland financial statements for the year ended 31st December 2017 and the associated letter of representation.
  2. Approve an addendum to the auditor’s letter of engagement.
  3. Approve the payment of an annual dividend for the financial year ended 31st December 2017.
  4. Approve the use of a standard Trading Platform Transactions Agreement as the contract under which Gas Networks Ireland will undertake such trading platform transactions with Gas shippers.
  5. Approve the entry by Gas Networks Ireland into a Deed of Transfer in respect of two compressed natural gas dispensers.
  6. Approve the appointment of the interim Gas Networks Ireland Managing Director as a Director of GNI (UK) Limited.

 

Board Meeting of GNI dated 26 February 2018

The following decisions were taken by the Board:

  1. Approve the submission of the 2017 GNI draft unaudited, unapproved and abridged financial statements to the Department of Housing, Planning and Local Government.
  2. Approve a variation to the existing polyethylene pipe and fittings Framework Agreement.
  3. Approve the award of a balancing sell gas contract.

 

Board Meeting of GNI dated 29 January 2018

The following decisions were taken by the Board:

  1. Approve the entry by GNI into a €200M loan facility with the European Investment Bank.

 

Board Meeting of GNI dated 11 December 2017

The following decisions were taken by the Board:

  1. Approve a capital commitments budget for Gas Networks Ireland for 2018.
  2. Approve the appointment of a Director to the Gaslink Board.
  3. Approve the entry by Gas Networks Ireland into a fax indemnity with Allied Irish Banks plc.
  4. Approve the 2016 Regulatory Financial Statements, Letter of Representation and Letter of Engagement.

 

Board Meeting of GNI dated 27 November 2017
 
The following decisions were taken by the Board:
  1. Approve the 2018 Budget for Gas Networks Ireland.
  2. Approve the award of a Shrinkage Gas contract to Gazprom for the calendar year 2018, with the option to extend for a further six months.
  3. Approve the appointment of a Compliance Officer for Gas Networks Ireland in accordance with the provisions of licenses issued by the CRU. 

 

Board Meeting of GNI dated 23rd October 2017 

The following decisions were taken by the Board: 

  1. Approving the entry by GNI into amended and restated facility agreements with GNI (UK) Limited relating to certain intercompany facility agreements relating to various projects. 
  2. Approving the payment of stamp duty to HMRC, associated with the purchase by GNI of a property situate in Co. Antrim. 

 

Board Meeting of GNI dated 25th September 2017

The following decisions were taken by the Board:

  1. Approving the submission of the draft GNI valuation to NewERA for consideration.
  2. Approving the submission of unaudited semi -annual Financial Statements to GNI’s lenders.

 

Board Meeting of GNI dated 15th September 2017

The following decisions were taken by the Board:

  1. Approving the submission of the draft Gas Networks Ireland Business Plan 2017 – 2022 to the relevant Ministers and NewERA.

 

Board Meeting of GNI dated 30th August 2017

The following decisions were taken by the Board:

 

  1. Approving the acquisition by Gas Networks Ireland of the remaining sections of the site of the former gasworks in Limerick currently owned by Ervia; and
  2. Approving the adoption of Ervia’s revised Enterprise Risk Management Policy.

 

Board Meeting of GNI dated 24th July, 2017

The following decisions were taken by the Board:

  1. Approving the appointment of GNI personnel as representatives of GNI in Gas Infrastructure Europe (GIE);
  2. Approving amendments to GIE’s Articles of Association;
  3. Approving the appointment of a Gas Emergency Officer pursuant to the Electricity Regulation Act 1999.

 


Board Meeting of Gas Networks Ireland dated 23rd June 2017
The following decisions were taken by the Board:

  1. Approving the 2016 Financial Statements.
  2. Approving the 2016 Letter of Representation in respect of the 2016 Financial Statements.
  3. Approving the payment of a dividend of €48.44m for the financial year ended 31 December 2016 to Ervia.

 

Board Meeting of Gas Networks Ireland dated 29th May 2017
The following decisions were taken by the Board:

  1. Approving a Capital Commitments Budget for Gas Networks Ireland of €186m for 2017.
  2. Approving the disposal of property at 8C Boltnaconnell Road, Nutts Corner, Antrim, Northern Ireland.

 


Board Meeting of Gas Networks Ireland dated 26th April 2017
The following decisions / actions were taken by the Board:

  1. Approving the award of a Construction Contract for the Gas to Listowel Project to Murphy International Ltd./GMC Utilities Group Ltd. Joint Venture.
  2. Approving an extension to the term and other features of the GNI (UK) Limited Maintenance Contract with Scotland Gas Networks for the South West Scotland Onshore Systems.
  3. Approving an extension to the term and other features of the GNI (UK) Limited Maintenance Contract with Scotland Gas Networks for the transmission network in Northern Ireland.

 


Board Meeting of Gas Networks Ireland dated 27th March 2017
The following decisions / actions were taken by the Board:

  1. (A.) Approving the award of a contract to RKH Specialty Insurance Brokers for the provision of gas infrastructure insurance brokering services to Gas Networks Ireland and its subsidiaries;
    (B.) Approving an insurance premium budget for the placement of GNI gas infrastructure insurance for a four year period up to May 2021.
  2. Approving the appointment of an authorised officer for Revenue Protection.

 

Resolutions passed 20th February 2017
The following decisions were taken by the Board:

  1. Approving additional capital budget for the delivery of the gas and water works to the Wexford Project.
  2. Approving variation to the existing Polyethylene Pipe and Fittings Framework Agreement.


Resolutions passed 12th December 2016
The following decisions were taken by the Board:

  1. Approving capital budget for the construction of a fibre optic network by Aurora Telecom between Cork and Dublin.
  2. Approving the payment of an annual ordinary dividend for the financial year ended 31st December 2015.

 

Resolutions passed 26th October 2016
The following decisions were taken by the Board:

  1. Approving the award of a Shrinkage Gas Contract for the calendar year 2017.
  2. Approving a capital budget to deliver the Gas to Listowel project.
  3. Approving the award of a framework agreement for the supply of smart ready gas credit meters.
  4. Approving marketing expenditure.
  5. Approving the submission by GNI (UK) Limited of a supplementary revenue control submission to the Northern Ireland Authority for Utility Regulation as outlined.

 

Resolution passed 6th October 2016
The following decision was taken by the Board:

  1. Approving the creation and establishment of a Euro Medium Term Note programme under which the company may issue senior unsecured notes.

 


Board Meeting dated 26th September 2016
The following decision was taken by the Board:

  1. Approving a Euro Medium Term Note programme for Gas Networks Ireland and approving note issuances and redemptions.


Board Meeting dated 26th August 2016
The following decisions were taken by the Board:

  1. (A.) Approving the form of the Directors Compliance Policy Statement in accordance with section 225 of the Companies Act 2014 (“the Act”) to be included in the Director’s report for 2016.
    (B.) Agreeing to review and assess the Compliance Policy Statement and Compliance Policy Statement Matrix later in the year in compliance with the Act. 
  2. Approving the adherence of GNI as an associated employer to the Ervia Defined Contribution Scheme.
  3. Approving the appointments of GNI representatives within the European Network of  Transmission System Operators for Gas (ENTSOG).

 

 

Resolutions passed 26th July 2016
The following decisions were taken by the Board:

  1. Approving a variation to the existing Maintenance Contract for the South West Scotland Onshore Systems with Scotland Gas Networks.
  2. Approving the entry into an anchor load connection agreement.
  3. Approving the revised GNI Financial Plan (2016 to 2021).
  4. Approving the conversion of Gas Networks Ireland from an existing private company limited by shares to a “Designated Activity Company”.
  5. Approving the submission by GNI (UK) Limited of its Revenue Control submission to the Northern Ireland Authority for Utility Regulation.
  6. Approving the award of a Construction Contract for the Cluden to Brighouse Bay Pipeline.

 

Resolution passed 8th July 2016
The following decision was taken by the Board:

  1. Approving the Director’s Report and Statement of Accounts for the year ended 31 December 2015.

 

Board Meeting dated 27th June 2016
The following decisions were taken by the Board:

  1. Considering and approving the appointment of a Compliance Officer for the Company.
  2. Deferring the approval of the SWOS Construction Contract pending certain clarifications.
  3. Evaluating going concern considerations in relation to the Company’s financial statements.
  4. Approving a capital budget to deliver gas works for the Wexford town project.
  5. Approving the 2015 Financial Statements and delegating authority to the Chairman and the Company’s Managing Director to sign the 2015 Financial Statements for and on behalf of the Board.
  6. Approving the Letter of Representation and delegating authority to the Chairman and the Company’s Managing Director to sign the Letter of Representation for and on behalf of the Board.
  7. Approving the appointment of an Authorised Officer for Revenue Protection.
  8. Ratifying the execution of a Deed of Variation on 31 March 2016 to the Installation Deed dated 4 December 2015 made between the Minister for Communications Energy and Natural Resources, the Company, Shell E&P Ireland Limited and Roadbridge Limited.
  9. Considering the following: (i) the External Auditors Report on the Company’s 2015 audit and related financial statements; (ii) the Code of Practice for Governance of State Bodies Compliance Reports prepared by the Chairperson and the Managing Director of the Company; (iii) a Report on the Company’s Tax Compliance; and (iv) a Report on Compliance with Licence conditions.

 

Board Meeting dated 15th April 2016
The following decisions were taken by the Board:

  1. Considering the Company Safety Performance Metrics and the significant incidents reported for Q1.
  2. Considering updates on (i) investigations into significant historic incidents; (ii) the National Safety Committee; and (iii) the National Safety Statement.
  3. Considering and approving, pursuant to section 91 of the Electricity Regulation Act 1999 (as amended), the appointment of six named individuals as Gas Emergency Officers and delegating authority to the Managing Director of the Company to revoke any appointment at his absolute discretion.

 

Board Meeting dated 15th March 2016
The following decisions were taken by the Board:

  1. Approving the entry by the Company into a Deed of Variation to the Cable Agreement and such Dark Fibre Licence Agreements and Interim Agreements as considered necessary, in respect of the Mayo-Galway Telecommunications Project.

 

Board Meeting dated 2nd December 2015
The following decisions were taken by the Board:

  1. Considering safety performance metrics presented up to the end of Q3 2015.
  2. Review of significant incidents reported within Q3 2015.
  3. Review of information update on investigations of historic incidents.
  4. Approving the procedure for incident reporting to the Ervia Board.
  5. Review of a recent High Court case.


Board Meeting dated 22nd February 2016
The following decisions were taken by the Board:

  1. Considering and approving the entry by the Company into a Facilities Letter with Allied Irish Banks p.l.c. in respect of the Company’s working capital. 
  2. Approving an intercompany loan between the Company and GNI (UK) Limited in connection with the development and construction of a second pipeline between Cluden and Brighouse Bay compressor station.
  3. Approving the provision of an indemnity in respect of the Limerick Gas Works Remediation Project.
  4. Authorising the Company to negotiate, finalize and execute a letter of engagement in respect of the Company’s financial audit.
  5. Authorising the Company to negotiate and finalize the Lease Agreements, and any ancillary agreements as considered necessary, in respect of Units 6 & 7 Newtown Centre, Annacotty, Limerick.

 

Board Meeting dated 27th November 2015
The following decisions were taken by the Board:

  1. Approving the entry by Gas Networks Ireland into the Cable Agreement and the Installation Agreement in respect of the Mayo-Galway Telecommunications Project.

 

Board Meeting dated 1st September 2015
The following decisions were taken by the Board:

  1. Considering occupational safety metrics and trends presented up to the end of July 2015. 
  2. Review of significant incidents reported within the period April 2015 to July 2015. 
  3. Review of information update on investigations of historic incidents.
  4. Review of key safety objectives/initiatives.
  5. Approving the Networks Safety Policy for alignment with the Ervia Group-wide Safety Policy (PD/76). 
  6. Approving the development of an Ervia-wide health and safety strategy/framework to be driven by each of the businesses collectively. Approved branding for the strategy.