Sales at Corrib operator slip amid lower gas prices

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Vermillion Energy sees Corrib revenue slide to €205m

Revenue at Corrib Gas operator Vermilion’s “high margin” Irish business dipped 6.7 per cent last year to C$302.4 million .

Gas prices fell last year and this contributed to global revenue at Vermilion declining by 42 per cent from C$3.476 billion to $2.2 billion.Emma Doran: ‘I was a single parent at 18, so I started saving for a house’‘Logical’ that banks should be responsible for maintaining infrastructure for access to cash

The annual report shows that operating expenses at the firm’s Irish unit more than doubled from C$16.58 million in 2022 to C$39.46 million last year.

 

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