In an environment in which gas from the Corrib field and LNG meet some or all of Irish demand, the interconnectors built and owned by Bord Gáis Éireann would become under utilised and their proper remuneration by the reduced number of gas customers becomes an issue. In such circumstances, the prices for the consumer would go up and there would be a windfall gain for the multinationals. Deputy Ferris is likely to be minded to agree with me that this is not the outcome we seek. We have no wish for prices to be pushed up as a result of a stranded asset, that is, the interconnector, and a windfall profit to the multinationals, much as we welcome them here, whether they are associated with Corrib or LNG." Shannon LNG, in reaction, has referred the dispute with the Irish Commission for Energy Regulation (CER) over a proposed interconnector tariff to the European Commission. Gordon Shearer, CEO of HESS LNG stated that the tariff not only contravened EU law but represented a massive policy shift from the previous government’s stance on interconnector policy. In July 2014, media reports indicated the project had finally been abandoned and the company website was taken offline.